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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
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  • investor319X
Comment by investor319on Jan 04, 2023 12:35pm
190 Views
Post# 35202950

RE:Oppression?

RE:Oppression?It's hard to know if they are just milking the company for a salary or if they actually have a plan to improve the share value. Will they just let the Arizona debt bankrupt the company and take it over, eventually breaking it up and selling the parts or do they have any hope of creating enough value to become viable? I have a ton of shares that could become worthless if they don't get their act together. 
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