New Zealand Energy Corp V.NZ

Alternate Symbol(s): NZERF

Energy Oil & Gas E&P

New Zealand Energy Corp. is a New Zealand-based company, which is an oil and gas producer. The Company, through its subsidiaries, is engaged in the exploration, appraisal, development, and production of oil and natural gas, as well as the operation of midstream assets, in New Zealand. The Company conducts its business as a single segment being the acquisition, exploration, appraisal, development and production of conventional oil, and natural gas resources in New Zealand. The Company’s geographic segment is New Zealand. The Company produces petroleum from Waihapa and Ngaere wells in the TWN Petroleum Mining Licenses and from the Copper Moki wells in the Copper Moki Mining Permit. The Waihapa Ngaere wells produce oil and gas from the fractured Oligocene Tikorangi Limestone at a depth of approximately 2700 meters.

TSXV:NZ - Post by User

New Zealand Energy Corp > Unusual Asks

<< Previous

Bullboard Posts

Next >>

Comment by oilinvestor52on Nov 14, 2023 5:42am

125 Views

Post# 35733614

RE:RE:RE:RE:Unusual Asks

It seems obvious that the New Zealand Energy Corp. Directors are taking steps for their own personal agendas and clearly not working in the best interest of the shareholders.

After a 100 for 1 consolitation to the capital structure one would think in fairness to the existiing shareholders, Directors Mark Dunphy and James Willis would opt to initiate a shareholder rights offering.

My opinion
Donald

<< Previous

Bullboard Posts

Next >>

Rich TV Live's Stocks to Watch this week (Nov. 22, 2024)