News

This section of our website includes all of our media releases, speeches and presentations. You can view a topic using the tag cloud, or by the date archive found on the right hand side.

Tag: Takeover

OGOG AGREES TO INCREASE OFFER PRICE FOR NZOG

Posted on 9 October 2017

O.G. Oil and Gas (Singapore) Pte. Ltd. (‘‘OGOG’’) is pleased to announce that it has agreed to increase the price it will offer to shareholders of New Zealand Oil & Gas Limited under its partial takeover offer for up to 67.55% of the New Zealand Oil & Gas shares that it does not already hold or control.

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ADVISERS APPOINTED FOR PROPOSED O.G. OIL & GAS OFFER

Posted on 21 September 2017

The same advisers who assisted the independent response committee of New Zealand Oil & Gas to respond to a partial takeover offer from Zeta Energy have been retained to assist with the response to a proposed new offer, from O.G. Oil & Gas.

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Receipt of takeover notice – take no further action

Posted on 18 September 2017

New Zealand Oil & Gas has today received notice under rule 41 of the Takeovers Code from O.G. Oil & Gas (Singapore) Pte. Ltd. of its intention to make a partial takeover offer to acquire 67.55% of each class of the shares in New Zealand Oil & Gas it does not already hold or control, for NZ$0.77 per share.

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Target Company Statement Released

Posted in Shareholders; Posted on 15 September 2017

Independent Directors confirm their recommendation to reject Zeta's partial offer

The Target Company Statement prepared by New Zealand Oil & Gas in response to the partial offer by Zeta Energy Pte Limited is attached. The Statement has been prepared in accordance with the Takeovers Code, and will be sent to New Zealand Oil & Gas shareholders shortly, and in any event on or before 22 September 2017.

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