New Zealand Energy is pleased to announce that it has met the finance condition precedent required to acquire strategic upstream and midstream assets from Origin Energy Resources NZ (TAWN) Limited, a wholly-owned subsidiary of Origin Energy Limited. The purchase price of approximately $33.7 million comprises a $6 million deposit from NZEC, $7.9 million from Subscription Receipts, $1.5 million directly from NZEC, and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 19, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. New Zealand Energy Corp. (TSX VENTURE:NZ) (OTCQX:NZERF) ("NZEC" or the "Company") is pleased to announce the terms of a non-brokered private placement of up to $15 million (the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 29, 2013) - New Zealand Energy Corp. ("NZEC" or the "Company") (TSX VENTURE:NZ)(OTCQX:NZERF) has released the results of its second quarter ended June 30, 2013. Details of the Company's financial results are described in the Unaudited Consolidated Financial Statements and Management's Discussion and Analysis which, together with further details on each of the Company's [...]
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