Cores of pre-Tertiary basement from ten oil exploration wells are related petrologically to the "axial", "marginal" and "shelf" facies of the New Zealand Geosyncline.A NW. Nelson-type basement is inferred beneath peninsular Taranaki and the western continental shelf. The terms Taranaki Basin and Wanganui Basin are re-defined and the terms North Wanganui Basin, South Wanganui Basin, Pipiriki High, Taranaki Fault, and Turakina Fault are proposed. Major faults are interpreted as of mainly transcurrent type and appear to form the western part of a splay at the northern end of the Alpine Fault. Evidence for a major Cook Strait Fault is reviewed.