News

Mahato Exploration Well Update

Posted on 14 October 2021

New Zealand Oil & Gas subsidiary, Cue Energy Resources (ASX:CUE), has provided an update related to the Mahato exploration well.

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Amadeus Basin Acquisition Completed

Posted on 4 October 2021

New Zealand Oil & Gas is delighted to advise that the Amadeus Basin acquisition completed today.

The New Zealand Oil & Gas Group announced on 25 May 2021 that it had agreed to acquire interests in three gas producing projects held by ASX-listed Central Petroleum located in the Amadeus Basin of Australia’s Northern Territory.

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Notice of 2021 Annual Meeting

Posted on 1 October 2021

The 2021 Annual Meeting of New Zealand Oil & Gas Limited (the Company) will be held at the Oaks Hotel, 89 Courtenay Place, Te Aro, Wellington, and online / virtually, at 10:00am (New Zealand Daylight Saving Time) on Wednesday, 3 November 2021.

Details of how to participate are provided in the Virtual Meeting Guide accompanying this notice. To participate in this meeting online please visit HTTPS://MEETNOW.GLOBAL/NZ on your desktop computer or mobile device.

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Mereenie Production Wells WM27 & WM28 Completed And Rig Released

Posted on 28 September 2021

The operator of the Mereenie joint venture, Central Petroleum Limited (ASX:CTP) (“Central”) has advised that drilling and completion of the new production wells WM-27 and WM-28 has been completed and the Easternwell Rig 27 was released on 23 September 2021.

 

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All Conditions Precedent Satisfied For Amadeus Basin Transaction

Posted on 20 September 2021

Territory assets from Central Petroleum and today the remaining third party approvals have been received.

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Regulatory Approval Received from Northern Territory Government

Posted on 10 September 2021

The Northern Territory Government has today provided its regulatory approval to New Zealand Oil & Gasin relation to the transaction to acquire Amadeus Basin Assets from Central Petroleum. This satisfies a key condition precedent of the transaction.

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Mereenie Development Well Wm28 Successfully Completed

Posted on 6 September 2021

The operator of the Mereenie joint venture, Central Petroleum Limited (ASX:CTP) (“Central”) has advised that WM28, the second development well in the Mereenie Development Programme was completed on 6th September 2021. The rig will now move back to WM19 to carry out some remediation work, before moving to WM27 to complete the Pacoota 1 interval as a producer.

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New Zealand Oil & Gas Annual Result For Year To 30 June 2021

Posted on 25 August 2021


• Revenue stable at $36.0m ($37.3m last year)
• NPAT – Loss of NZ$43.3m impacted by $35.4m exploration expense and $6.7m FX loss
• Steady production performance
• Expected revenue and NPAT improvement from Amadeus.

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2021 AGM Director Nomination Window Closing

Posted on 19 August 2021

Nominations for the board are open, and close on Friday 3 September 2021.

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