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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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  • westshoreX
Comment by westshoreon Nov 09, 2023 3:34pm
131 Views
Post# 35726842

RE:RE:Unusual Asks

RE:RE:Unusual AsksI totally agree...
financing way to cheap.
If you recall the last news release:The Phrase- Push out- was used.
And that is exactly what they did to the old shareholder base.
You can persue legal recourse-but that takes 5-7 yrs and alot of $$
Averaging out- very risky-given their very poor 10 yr performance.
With a very weak stock market @ best-shareholders are now stuck between a rock and a hard place-unfortunately!
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