News

NEW ZEALAND OIL & GAS HALF YEAR RESULT– REVENUE UP 40%

Posted on 28 February 2023

Half Year Results

• Net profit after tax of NZ$7.0 million, after exploration expense
• Net operating cashflows NZ$14.5 million, up 109%
• Revenue up 40% year-on-year to NZ$46.1 million
• Production up 14% year-on-year
• Palm Valley average daily production rate more than doubled
• Growth in oil production from Mahato development drilling
• Continued growth expected from Mahato and Amadeus developments

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Appendix 4D Half Year Report

Posted on 28 February 2023

Half Year Results

For the half year ended 31 December 2022 as required by ASX listing rule 4.2A

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NZOG Dec 2022 Quarterly Report

Posted on 30 January 2023

Quarterly Report

Report available now

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New Zealand Oil & Gas Executes Perth Basin Farm In Agreement With Triangle Energy

Posted on 17 January 2023

Triangle Energy

• New Zealand Oil & Gas executes binding Term Sheet with Triangle Energy
• Acquiring a 25% interest in Triangle’s L7 and EP 437 northern Perth Basin permits
• Low upfront entry cost, with 3 exploration wells aimed to be drilled in 2024
• Recently acquired 3D seismic survey covers highly prospective Early Permian gas trend
• Agreement subject to conditions, including final due diligence and regulatory approvals

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Mahato PSC Update – PB - 19 Production Well Online

Posted on 19 December 2022

Mahato

New Zealand Oil & Gas subsidiary, Cue Energy Resources (ASX:CUE), has provided an updatethat oil production well PB-19 in the Mahato Production Sharing Contract (PSC), Indonesia, hasbeen successfully drilled and completed and is producing approximately 800 barrels of oil perday (bopd).

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New Zealand Oil & Gas Signs New East Coast Gas Supply Agreement

Posted on 15 December 2022

Mereenie

• New Zealand Oil & Gas signs a new Gas Supply Agreement with South32 Cannington for supply of gas from the Mereenie field
• Two-year term from 1 January 2023 for delivery of 0.38 Petajoules (PJ) of gas from New Zealand Oil & Gas into the East Coast domestic market.
• Fixed price, take-or-pay contract reflects strong market conditions

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Palm Valley 12 well commenced flowing sales gas

Posted on 1 December 2022

Palm Valley

Central Petroleum Limited (“Central”) (ASX: CTP) advises that the Palm Valley 12 (PV12) well has been tied-in and commenced flow testing on 28 November 2022. After a period of ramp-up the well flowed at a stable, wellhead skid-limited rate of ~10TJ which exceeded pre-drill expectations.

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CEO ADDRESS TO ANNUAL MEETING OF SHAREHOLDERS

Posted on 2 November 2022

CEO Annual Meeting

10am Wednesday, 2 November 2022, Front + Centre, Corner Tory & Tennyson Streets, Wellington NZ, and online / virtually
Andrew Jefferies - Chief Executive

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Change of Registrar

Posted on 28 October 2022

Shareholders

Dear Sir / Madam

Change of Registrar – New Zealand Oil and Gas Limited

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New Zealand Oil & Gas Annual Result For The Year To 30 June 2022 - Growth Projects Deliver

Posted on 26 August 2022

Annual Result

• Net profit after tax of NZ$25.7 million, up from a loss of NZ$43.3 million last year.
• Annual production up 110% to 1.2 million barrels of oil equivalent.
• Revenue up 133% year on year to NZ$83.8 million. • Five wells drilled in FY22.
• Acquisition of Amadeus Basin assets provides entry into the strong Australian gas market.
• Growth set to continue in FY23 with up to six well recompletions and two development wells at Mereenie and 10 wells planned for Mahato.

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