Archive: June, 2020

New Zealand Oil Gas Strategic Review

Posted on 4 June 2020

Following the conclusion of the Scheme of Arrangement, the New Zealand Oil Gas Board undertook a strategic review of the future direction of the company.

Beginning in early 2020, board members conducted a series of meetings, in person and over the phone, with certain of New Zealand Oil Gas largest shareholders. These meetings provided us with a better understanding of the preferences of those shareholders and their thoughts about where the company should head. At the same time management conducted an extensive review of assets in the Australia New Zealand region that are of a size t hat the company can afford Finally, we convened a series of strategy sessions during which this information has been distilled and debated.

Read the full post