1999 – Acquires 30% of Maari oil field.
2002 – Acquires 10% of Maui gas field. Increases Maari share to 69%, becomes operator.
2003 – Acquires 26% of Pohokura gas field.
2004 – Approval given to invest in Pohokura.
2005 – Approval given to invest in Maari development.
2007 – Secures Great South Basin (GSB) exploration permits.
2008 – Maari drilling programme begins. Maari wellhead platform and FPSO Raroa arrive.
2009 – Maari First Oil, longest ever NZ well drilled to reach an oil reservoir adjacent to the Maari field.
2010 – Maari reaches 10 million barrel milestone. Acquires additional seismic in the GSB.
2011 – Secures two additional Taranaki Basin exploration permits.
2012 – GSB 3D seismic programme completed. Maari reaches 20 million barrel milestone. Additional permits in Taranaki and GSB.
2013 – Drilling of Matuku-1 exploration well and Manaia-2 appraisal well with the KT IV Semisubmersible drilling rig. Purchase of the FPSO Raroa by the Maari JV. Mooring repair & Refurbishment of the Raroa in Port Nelson.
2014 – Start of Maari Growth Re-development drilling campaign utilizing the jackup ENSCO 107. Acquired Kaka 3D and Mohua 2D seismic. Awarded two operated exploration permits, one in Pegasus Basin and one in Taranaki Basin.
2015 – Completed Maari Growth Campaign. Awarded four exploration permits in Taranaki Basin.
2016 – Maari Field produced 30 mn barrels of oil.
2017 – Maari Field produces 35 mn barrels of oil.