NZOG to look offshore for new oil opportunities, no ímmediate impact on existing NZ operations

Wed, 11 Apr 2018

By Pattrick Smellie April 12 (BusinessDesk) - New Zealand's only NZX-listed oil and gas explorer and producer says today's government announcements ending the issuance of offshore oil and gas exploration permits "will not have any immediate material impact" on its operations or earnings, but it will now start looking offshore for new opportunities. "Potentially transformational New Zealand Oil & Gas exploration prospects in the Canterbury and the Great South Basins are unaffected by today’s announcement and the company is continuing to ma...

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