GAS SUPPLY AGREEMENT EXTENSION UNCONDITIONAL

GENERAL
Mon, Jun 24 2024 11:43 am

As announced on 21 September 2023, New Zealand Oil & Gas (NZX: NZO, ASX: NZO) agreed to extend the gas supply agreement with South32 Cannington for supply of gas from the Mereenie field, for an additional 12 months, conditional on transportation agreements. This agreement has become unconditional.

NZO has a 42.5% interest in the Mereenie project along with joint venture partners Horizon Oil (25%), Central (25% Operator) Cue Energy Resources (7.5%).

For further information please contact [email protected] or +64 4 495 2424.


Announcement PDF


Markets News

NZ sharemarket down over 1.5% for the week
Markets Market close

NZ sharemarket down over 1.5% for the week

The S&P/NZX 50 Index closed at 12,559.28, down 79.62 points or 0.63%.

Graham Skellern 01 Nov 2024
Markets

Just Life Group sells The Cylinder Guy

Just Life Group CEO says it was probably a mistake buying the business in 2020.

John Anthony 01 Nov 2024
Just Life Group sells The Cylinder Guy
Finance

Spark board mum on future of dividend, asset sales

Shareholders will have to wait until company's half-year results to learn more.

Ben Moore 01 Nov 2024
Spark board mum on future of dividend, asset sales