Energy Minister Phil Heatley says 10 companies have won bids for the 23 blocks put up by the Government this year for oil and gas exploration.
A total of 13 blocks were bid on by 24 applicants and 10 have been accepted in the annual block offer.
One block had four separate bidders. Some had none.
Interest had come from domestic companies as well as companies from the netherlands, Canada, Austria, Australia, the United Statesd and Japan. The successful applicants will be named by Mr Heatley at Parliament today.
He told a business breakfast in Wellington this morning that when the Government first started out on the process in April he feared it would have only one bidder.