New Zealand Energy Corp. is pleased to announce strong initial production results from the Ngaere-2 well, located in the onshore Taranaki Basin, New Zealand. The Ngaere-2 well has delivered an initial flush production of approximately 2,500 barrels of oil and is currently exhibiting a stable, unstimulated flow rate of approximately 300 barrels of oil per day. Ngaere-2 is situated within a four-kilometre radius of existing [...]
New Zealand Energy Corp. is pleased to announce that the Waihapa H1 well, located in onshore Taranaki, New Zealand, has successfully resumed production following recent workover activities conducted with its co-venturer L&M Energy Ltd. and pursuant to an agreement with Monumental Energy Corp. . NZEC holds a 50% interest in PML 38140 and PML 38141, where the Waihapa H1 well is located. The Waihapa H1 well workover targeted [...]
Monumental Energy is pleased to announce the successful restart of commercial production from all 7 perforations in the Mount Messenger formation located near the top of the Waihapa H1 well. The Waihapa H1 well is located within 100 meters of the Waihapa production facility and oil is being sent through the pipeline into a holding tank at the facility. Monumental and New Zealand Energy entered into a funding agreement [...]
Monumental Energy is pleased to announce the mobilization of the operations crew from the Ngaere-1 well to the Waihapa H1 well, in partnership with New Zealand Energy and L&M Energy. NZEC holds a 50% interest in Petroleum Mining Licences PML 38140 and PML 38141 located in the onshore Taranaki Basin, New Zealand, pursuant to a joint operating agreement between NZEC and LME. The Partnership enables Monumental to participate [...]
New Zealand Energy Corp. is pleased to provide an operational update regarding recent production activity in the area covered by NZEC's 50% interest in PML 38140 and PML 38141, and ongoing Tariki Gas Storage Project development initiatives, located in onshore Taranaki, New Zealand. Ngaere-1 Initial Production NZEC, together with its joint venture partner L&M Energy Ltd. and in partnership with [...]
Monumental Energy is pleased to announce the successful perforation and strong initial production results from the Ngaere-1 well, in partnership with New Zealand Energy and L&M Energy. NZEC is the holder of a 50% interest in the Petroleum Mining Licences PML 38140 and PML 38141 located in onshore Taranaki, New Zealand, pursuant to a joint operating agreement between NZEC and L&M Energy. The Partnership enables Monumental [...]
New Zealand Energy Corp. announces that it has granted stock options to certain directors, officers, and employees of the Company to purchase up to an aggregate of 3,250,000 common shares in the capital of the Company . The Options are exercisable at a price of C$0.45 per Common Share for a period of five years from the date of grant. The Options vest immediately upon grant and are subject to the terms and conditions of [...]
New Zealand Energy Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 17,500,000 common shares of the Company at a price of C$0.20 per Common Share for aggregate gross proceeds of C$3,500,000 on a non-brokered basis . The Offering was completed pursuant to Part 5A of National Instrument 45-106 - Prospectus Exemptions , as amended by Coordinated Blanket Order 45-935 [...]
New Zealand Energy Corp. is pleased to announce that it has closed its previously announced definitive funding agreement with Monumental Energy Corp. , effective January 12, 2026, with respect to the area covered by NZEC's 50% interest in PML 38140 and PML 38141 located in onshore Taranaki, New Zealand. Pursuant to the Agreement, Monumental will fund NZEC's share of certain mutually agreed workover projects aimed at [...]
New Zealand Energy Corp. is pleased to announce that it is proposing an offering up of to 17,500,000 common shares of the Company at a price of C$0.20 per Common Share for aggregate gross proceeds of up to C$3.5 million on a non-brokered basis . Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions , the Offering is being made pursuant to [...]
New Zealand Energy Corp. is pleased to announce the appointments of Mr. Toby Pierce as Chief Executive Officer and Mr. Robert Bose as Executive Chairman of the Company, each effective immediately. Mr. Pierce and Mr. Bose succeed Mr. Mike Adams and Mr. Frank Jacobs who have voluntarily stepped down as Chief Executive Officer and Chairman of the Board, respectively. Both Mr. Adams and Mr. Jacobs will continue to serve as [...]
New Zealand Energy Corp. is pleased to announce that it has entered into a definitive funding agreement with Monumental Energy Corp. , effective January 12, 2026, with regards to the area covered by NZEC's 50% interest in PML 38140 and PML 38141 located in onshore Taranaki, New Zealand. The Agreement will enable Monumental to fund certain mutually agreed upon workover projects with NZEC to increase oil and gas production [...]