New Zealand Energy Corp. announced today it has received an independent reserves evaluation dated October 29, 2022 with an effective date of January 1, 2023, from RPS Energy Canada Limited in respect of the Tariki field located in the Petroleum Mining Licence held as to 50% by NZEC's wholly owned subsidiary, NZEC Tariki Limited. This reserves evaluation continues the work programme undertaken by the Tariki Joint Venture [...]
New Zealand Energy Corp. announced today the results of its Annual General Meeting of shareholders held in Wellington, New Zealand on Friday 16 September 2022 . A total of 7,236,020 common shares representing just over 31.17% of the total issued and outstanding common shares were voted at the meeting. Each of the current directors, James Willis, Mark Dunphy and Dr David Llewellyn were re-elected as Directors of the [...]
New Zealand Energy Corp. announced today it has filed with Canadian regulatory authorities its Q2 2022 consolidated financial results and management discussion and analysis report, which documents are available on the Company's website at www.newzealandenergy.com and on SEDAR at www.sedar.com. Commenting on the Company's second quarter 2022 results, Chairman James Willis said "The results saw total comprehensive income of [...]
New Zealand Energy Corp. announced today that, further to its July 20, 2021 and August 16, 2021 news releases, in connection with the existing CAD$2,000,000 Convertible Loan Agreement with Arizona Finance Limited, the term of such Convertible Loan Agreement has been extended with the agreement of both the Company and Arizona Finance Limited to November 6, 2022. This agreement was entered into subject to the approval of [...]
New Zealand Energy Corp. announced today it has filed with Canadian regulatory authorities its Q1 2022 consolidated financial results and management discussion and analysis report, which documents are available on the Company's website at www.newzealandenergy.com and on SEDAR at www.sedar.com. Commenting on the Company's first quarter 2022 results, Chairman James Willis said, "The results saw a total comprehensive loss of [...]
New Zealand Energy Corp. announced today it has filed with Canadian regulatory authorities its Q4 2021 consolidated financial results and an accompanying management discussion and analysis report, which documents are available on the Company's website at www.newzealandenergy.com and on SEDAR at www.sedar.com. Commenting on the Company's 2021 end of year results, Chairman James Willis said "The results saw a loss of [...]
New Zealand Energy Corp. announced today it has filed with Canadian regulatory authorities its Q3 2021 consolidated financial results and management discussion and analysis report, which documents are available on the Company's website at www.newzealandenergy.com and on SEDAR at www.sedar.com. Commenting on the Company's third quarter 2021 results, Chairman and CEO James Willis said, "The results saw a total comprehensive [...]
New Zealand Energy Corp. announced today the results of its Annual General Meeting of shareholders held in Wellington, New Zealand on Friday 8 October 2021 . A total of 6,655,627 common shares representing just over 28.67% of the total issued and outstanding common shares were voted at the meeting. Each of the current directors, James Willis, Mark Dunphy and Dr. David Llewellyn were re-elected as Directors of the Company [...]
New Zealand Energy Corp. announces that James Willis, the Chairman of NZEC since March 2015, has assumed the dual role of Chairman/Chief Executive Officer. The Company's former CEO, Michael Adams, will continue to serve the Company as a consultant. The Company thanks Mr. Adams for his service leading the Company as our CEO for the last 5 years. Mr. Andrew McGavin, an industry veteran with more than 20 years' experience [...]
New Zealand Energy Corp. announced today it has filed with Canadian regulatory authorities its Q2 2021 consolidated financial results and management discussion and analysis report, which documents are available on the Company's website at www.newzealandenergy.com and on SEDAR at www.sedar.com. Commenting on the Company's second quarter 2021 results, Chairman James Willis said "The results saw a total comprehensive income [...]
New Zealand Energy Corp. announced today that, further to its July 20, 2021 news release, the Company has drawn down CAD $2,000,000 under the convertible loan agreement it entered into with Arizona Finance Limited . The maximum number of common shares issuable if Arizona elects to convert the entire principal amount of the loan will be 6,666,667 shares, at an exercise price of 30 cents per share. Any common shares issued [...]
New Zealand Energy Corp. announces the completion of the 71 sq km Tariki 3D Seismic Survey undertaken to both assess the potential for a gas-storage facility in the south of the field and appraise possible by-passed gas location. The Tariki 3D is a high resolution seismic survey. Downhole geophones were also deployed in well Tariki D1 while shooting the full survey area in order to improve resolution of fault compartments [...]
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