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New Zealand Energy Corp V.NZ

Alternate Symbol(s):  NZERF

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

Comment by heatmonon Jan 17, 2025 7:06pm
19 Views
Post# 36409839

RE:NG production...rough numbers

RE:NG production...rough numbersMagnum2
I can,t follow your math. I have been in the investmant for a long time and in Feb. 2024 went to New Plymouth NZ. to  meet managment and tour  the site. I think it has great potential. Acording to your math it should read 7.5 million per year , not 7.5 million per month. I wish it was that much. LOL

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