News

Director Resignation – Rebecca Delaet

Posted on 23 December 2019

New Zealand Oil & Gas Director and Audit Committee Chair Rebecca DeLaet has stepped down from the company’s Board for personal reasons, effective from Friday 20 December 2019.

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Mahato Exploration Well Update

Posted on 17 December 2019

New Zealand Oil & Gas subsidiary, Cue Energy Resources (ASX:CUE), has provided an update related to the Mahato exploration well, this is attached.
Cue has a 12.5% interest in the Mahato PSC. New Zealand Oil & Gas has a 50.04% interest in Cue.

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Annual Meeting

Posted on 13 December 2019

Six resolutions were voted on by shareholders at the Annual Meeting of New Zealand Oil & Gas held in Wellington recently.

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Mahato Exploration Well Update

Posted on 10 December 2019

New Zealand Oil & Gas subsidiary, Cue Energy Resources (ASX:CUE), has advised that the PB-1 exploration well has been drilled in the Mahato production sharing contract, onshore central Sumatra, Indonesia.

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Scheme Implementation Agreement Terminated

Posted on 22 November 2019

The scheme implementation agreement with O.G. Oil & Gas (Singapore) Pte. Ltd. (OGOG) was
terminated today.

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Scheme Meeting - Voting Results

Posted on 14 November 2019

The scheme of arrangement with O.G. Oil & Gas (Singapore) Pte. Ltd. (OGOG) was not approved by minority shareholders at the scheme meeting today.

To proceed, the scheme required 75% of the votes cast by minority shareholders (shareholders other than OGOG) to be in favour of it. The attached certificate from Computershare provides details of the voting outcome.

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Scheme Of Arrangement - Update On Voting

Posted on 8 November 2019

This announcement provides shareholder voting progress figures for the scheme of arrangement with O.G. Oil & Gas (Singapore) Pte. Ltd. (OGOG). The scheme will only proceed if 75% of the votes cast by minority shareholders (shareholders other than OGOG) are in favour of it.

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Scheme of Arrangement

Posted on 9 October 2019

The High Court has varied the original orders granted in relation to the proposed scheme of arrangement with O.G. Oil & Gas.

The variation postpones the court hearing to consider approval of the scheme to 3 December 2019. A copy of the amendment to the orders is attached.

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Scheme Of Arrangement

Posted on 8 October 2019

• Scheme price increased to 74 cents per share
• You can change your vote
• The scheme price will not be increased further.

The price being offered to minority shareholders under the proposed scheme of arrangement with O.G. Oil & Gas has been increased. The price increase was notified by OGOG following an approach from the independent directors of New Zealand Oil & Gas. OGOG is increasing the price on a “last and final” basis.

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New Zealand Industry Leader’s Address

Posted on 30 September 2019

2019 New Zealand Petroleum Conference

Andrew Jefferies, Chief Executive, New Zealand Oil and Gas
10:30am Monday, 30 September 2019

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