Tag: Central Petroleum

Gas Market Update

Posted on 5 May 2022

New Zealand Oil & Gas as part of the Mereenie Joint Venture, has entered into tradingand transportation agreements enabling sales of uncontracted gas into East Coasttrading hubs, including Brisbane and Sydney Short Term Trading Markets (STTMs),which currently offer premium gas pricing.

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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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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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