Results for announcement to the market
Reporting Period 12 months to 30 June 2009
Previous Reporting Period 6 months to 31 December 2008
Comparative Reporting Period 12 months to 30 June 2008
Amount (NZ$ 000s) Increase / (decrease)
12 months to 30 June 2009 12 months to 30 June 2008 %
Revenue from ordinary activities 138,889 234,109 (41%)
Surplus / (deficit) from ordinary activities after tax attributable to security holders 53,206 97,243 (45%)
Net profit / (loss) attributable to security holders 53,206 97,243 (45%)
NZ$ NZ$ %
Net Tangible Assets per share 1.28 1.12 14%
Interim/Final Dividend Amount per security Imputed amount per security
Final Dividend 5 cents Fully imputed
Record Date 18 September 2009
Dividend Payment Date 2 October 2009
Comments: Accompanying this announcement are the company's audited financial statements, for the year ended 30 June 2009, that have been prepared in accordance with generally accepted accounting practice and give a true and fair view of the matters to which the statements relate.
These financial statements provide the balance of information required in accordance with Listing Rule 10.4.2, Appendix 1.
The attached financial statements do not include the dividend declared with this notice.
Dividend Reinvestment Plan
On the 29 July 2009 The Board of New Zealand Oil & Gas Ltd announced the establishment of a Dividend Reinvestment Plan.
Under this Plan, shareholders resident in New Zealand or Australia can choose to invest all or part of their future dividends in taking up additional NZOG Shares, instead of receiving cash.
The Plan provides a convenient way for a NZOG shareholder to reinvest dividends in Shares, without incurring brokerage charges. In addition, the Board has decided that, until determined otherwise, new Shares issued under the Plan will be offered at a discount. The number of Shares will be calculated at a 2.5% discount to the weighted average sale price for Shares sold on each of the first five business days immediately following the dividend record date.
Participation in the Plan is optional and if a shareholder takes no action they will continue receiving dividends in cash (by cheque or direct credit to a bank account).
For the Terms and Conditions of the Plan refer to the New Zealand Oil & Gas Limited website: www.nzog.com
Audited Financial Statements
Refer to accompanying Appendix 1
NZOG 2009 Annual Results [829kB]
