Details of research coverage and analyst contact details are provided here.
ABN AMRO Craigs
June 2009: A Research Note issued on 12 June 2009 has a valuation of $1.93 and a target price for NZOG of NZ$1.95 per share with a buy recommendation. For more information contact Rob Foster: rob.foster@abnamrocraigs.com
Forsyth Barr
June 2009: Forsyth Barr initiated coverage of NZOG in June 2008. The latest report issued on 25 June 2009 values NZOG at NZ$1.89 per share with an accumulate recommendation. For more information contact Andrew Harvey-Green: andrew.harvey-green@forbar.com
Credit Suisse
June 2009: First New Zealand Capital for Credit Suisse resumed coverage of NZOG in February 2008. Their latest Research Update dated 9 June 2009 has a neutral rating with a valuation of NZ$1.61 and a target share price of NZ$1.75. For more information contact Jason Familton: jason.familton@fnzc.co.nz
ASB Securities
May 2009: ASB Securities initiated coverage of NZOG in May 2009, with a valuation of NZ$1.73 and a target price of $1.67. For more information contact David Boyce: david.boyce@asb.co.nz
Morgan Stanley
April 2009: Morgan Stanley in Sydney initiated coverage of NZOG in March 2009. An updated report issued in April gives a DCF valuation for NZOG of NZ$1.68 with a price target of NZ$1.35.
Macquarie
April 2009: Macquarie Capital Securities initiated coverage of NZOG in April 2008. A Research Note issued on 23 April 2009 values NZOG at NZ$1.82 per share with an outperform rating. For more information contact Stephen Hudson: stephen.hudson@macquarie.com
Aspect Huntley
June 2009: Morningstar is providing Aspect Huntley with research coverage of NZOG. On 16 June 2009 they issued an updated Research note, which values NZOG at NZ$1.65 per share. For more information contact Nachhiket Moghe: nachiket.moghe@morningstar.com
UBS
UBS New Zealand Ltd initiated research coverage of NZOG in April 2009.
Coverage Summary
| Company | Report Date | Valuation (NZ$) | Target Price (NZ$) | Recommendation |
| ABN AMRO Craigs | June 2009 | $1.93 | $1.95 | Buy |
| ASB Securities | May 2009 | $1.73 | $1.67 | Market perform |
| Aspect Huntley | June 2009 | $1.65 | - | Hold |
| Credit Suisse | June 2009 | $1.61 | $1.75 | Neutral |
| Forsyth Barr | June 2009 | $1.89 | - | Accumulate |
| Macquarie | April 2009 | $1.82 | $1.82 | Outperform |
| Morgan Stanley | April 2009 | $1.68 | $1.35 | Equal weight |
| UBS | April 2009 | not disclosed |
Please note that any opinions, estimates or forecasts regarding New Zealand Oil & Gas Ltd's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of New Zealand Oil & Gas Ltd or its management. New Zealand Oil& Gas Ltd does not by its reference or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.
