Industry "hype" around the economic potential of drilling for oil and gas off the coast of Oamaru fails to recognise the risk exploratory drilling poses to Otago's rich marine life, a University of Otago marine biologist says.
Prof Liz Slooten said while recent surveying off Otago Peninsula had shown a "a surprisingly large number of beaked whales and sperm whales", the number of marine mammals that could be put at risk by developing the Barque field, further north, was not well known because unlike in other developed countries, in New Zealand drilling companies were not required to complete a formal survey of the environment at risk from their activity.
"Basically the only thing you need to prove to the Government is that your company is financially viable," she said.
"There's a really rich marine mammal fauna off the Otago coastline and in general New Zealand seems a really stupid part of the world to be exploring for oil and gas."The exploratory drilling is the most dangerous phase - the Deepwater Horizon spill in the Gulf of Mexico was an exploratory drill.
"They found a hole in the sea floor, a bubble in the sea floor, and they don't know if it's got water, oil, gas or a mixture and they don't know what pressure, whether it's under high pressure or not; that's the most dangerous phase."