News

New Zealand Oil & Gas To Delist From NZX Main Board

Posted on 22 May 2024

Australasia-focused producer and explorer New Zealand Oil & Gas Limited (NZX/ASX:NZO), (NZO or the Company) is pleased to announce its intention to delist from the Main Board of NZX Limited (NZX) and move to a sole listing on the Australian Securities Exchange (ASX). This announcement, along with the accompanying shareholder letter, outlines the factors that underpin this decision.

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Kupe KS-9 Update

Posted on 22 May 2024

New Zealand Oil & Gas (NZX: NZO, ASX: NZO) advises that the KS-9 wireline intervention campaign at the Kupe gas field in April / May 2024 was unsuccessful in improving well performance.

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Rig Signed Up For Drilling Booth Well In L7 Permit Perth Basin

Posted on 19 April 2024

New Zealand Oil & Gas Limited (ASX & NZX: NZO) notes the press release by Triangle (ASX: TEG 50% and Operator of the L7 permit) attached.

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Genesis Energy Release Kupe KS-9 Comissioning Update

Posted on 5 April 2024

Genesis Energy have released a statement regarding the KS-9 commissioning update. Please see their release attached to this announcement for further details.

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Notification of Dividend / Distribution

Posted on 4 April 2024

Entity name
NEW ZEALAND OIL & GAS LIMITED

Security on which the Distribution will be paid
NZO - ORDINARY FULLY PAID

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Cue Energy Resources Announces Dividend Payment

Posted on 29 February 2024

New Zealand Oil & Gas subsidiary, Cue Energy Resources (ASX:CUE), has announced it will be paying a special dividend of AUD 2 cents per share on 5 April 2024. NZO therefore expects to receive from Cue a total of A$7.0 million.

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Aud 3 Cents Per Share Special Dividend Declared And Dividend Policy Adopted

Posted on 29 February 2024

  • NZO declares a special dividend of AUD 3 cents per ordinary share
  • Dividend underpinned by strong cashflows in the Group
  • Dividend payment to return A$6.7 million to shareholders
  • NZO establishes a Dividend Policy, to promote efficient capital use, with the intention to pay dividends where it makes financial sense
  • NZO's assets continue to perform strongly with a 44% increase in operating cashflows from the same period last year.

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NEW ZEALAND OIL & GAS HALF-YEAR RESULT: NET PROFIT AFTER TAX UP 112%

Posted on 29 February 2024

''This half year is a watershed for New Zealand Oil & Gas, as the strategy our Board announced in 2020 begins to pay dividends...literally" says Andrew Jefferies CEO.

 

  • Increase in Net Profit After Tax to NZ$7.0 million, up 112%
  • Production up 9%
  • Revenue of NZ$51.3 million up 11 %
  • Operating Cashflow up LILI% to NZ$20.9 million
  • Cash climbs to NZ$Ll6.LI million up 27% from June 2023
  • Special dividend AUD 3 cents per share declared
  • Recently announced 25% ownership increase in the Mereenie field

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Appendix 4D Half Year Report

Posted on 29 February 2024

For the half year ended 31 December 2023 as required by ASX listing rule 4.2A

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