Archive: 16/11/2016

New Zealand Oil & Gas interest in Kupe field

Posted on 16 November 2016

New Zealand Oil & Gas has reached agreement to sell its 15 per cent interest in the Kupe gas and oil fields and production station to Genesis Energy for NZ$168 million. The effective date of the transaction will be 1 January 2017 and includes New Zealand Oil & Gas entitlement to overriding royalty interests.


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