So we have an interesting situation which the court must resolve.
New Zealand is an remarkably under-explored country, and with hydrocarbon deposits found in all the near-shore petroleum basins there is enormous potential in its our oceans.
It's so under-explored it's almost unexplored...in fact some of our petroleum basins have not had a single well put in them.
There are people who think there are hundreds of millions, perhaps even billion barrel oil fields down there or trillions of cubic feet of gas.
We've given a lot of the data away and a lot of companies have studied it - some companies have made bids on the basis of receiving the data.
