INVESTORS
New Zealand Oil & Gas To Delist From NZX Main Board
Australasia-focused producer and explorer New Zealand Oil & Gas Limited (NZX/ASX:NZO), (NZO or the Company) is pleased to announce its intention to delist from the Main Board of NZX Limited (NZX) and move to a sole listing on the Australian Securities Exchange (ASX). This announcement, along with the accompanying shareholder letter, outlines the factors that underpin this decision.
Renounceable Rights Offer
New Zealand Oil & Gas Limited (NZX: NZO, ASX: NZO) has announced an equity raising of up to NZ$25 million through a 1-for-2.7625 renounceable rights offer. The capital raise enables a cycle of investment in growth projects at producing assets in Australia and New Zealand as well as offering the opportunity to take part in exploration.
Find out more here
Acquisition of Central Petroleum Assets in the Amadeus basin.
At a special meeting on 24 June, shareholders voted to approve the transaction, with 99.99% of votes cast in favour. The CEO’s address is here:
The September Quarterly Report demonstrates the impact of the acquisition here
The CEOs Address is here