NZOG board refrains from recommendations as duelling bidders seek directorships

Thu, 28 Sep 2017

By Paul McBeth Sept. 29 (BusinessDesk) - the board of New Zealand Oil & Gas has refrained from making a recommendation to shareholders at the upcoming annual meeting where rival suitors are seeking directorships. Zeta Resources-aligned Duncan Saville, who's been a director of NZOG since 2014, is up for re-election at the Oct. 30 meeting, however shareholders will also decide on whether to elect OG Oil & Gas boss Alistair McGregor, whose interests lobbed in a rival bid to Zeta's partial takeover proposal. Independent director Mark Tume ch...

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