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

NZME financial results: $54.2m in earnings
Markets

NZME financial results: $54.2m in earnings

NZ Herald and BusinessDesk publisher NZME posted earnings of $54.2 million on Wednesday and a post-tax loss of $16m after a non-cash impairment of intangible assets – and says it is considering separating its property brand OneRoof into an entirely new business.The company also s...

Markets

Meridian records losses as it 'takes a hit for NZ'

Dramatic drops in profit and earnings due to energy crunch.

Meridian records losses as it 'takes a hit for NZ'
Finance

Talley’s vs Bathurst court scrap bursts into the open

First signs of why the Motueka food empire is suing its coal mining partner.

Talley’s vs Bathurst court scrap bursts into the open