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New Zealand

Monday, April 13, 2015

New Zealand Oil & Gas News

MARKET CLOSE: NZ shares rise; Meridian up after 8-day slide
April 13 (BusinessDesk) - New Zealand shares rose led by Meridian Energy as investors returned to the stock after eight days of decline. Spark New Zealand rose.

Public 'should have been told' about Anadarko incident
The revelation that oil company Anadarko dropped a massive platform into the ocean while in New Zealand drilling for deep sea oil last year is further proof that deep sea oil drilling just isn’t worth the risk, the Green Party said today.



Sunday, April 12, 2015

New Zealand Oil & Gas News

NZ Oil and Gas waits on Cue board positions
NZ Oil and Gas waits for word from CUE on board positions after securing 48 per cent of the company.

NZ Oil & Gas awaits word of Cue board positions
April 13 (BusinessDesk) - New Zealand Oil & Gas is awaiting word from Cue Energy Resources on board representation, after securing 48 percent of the energy company it says may be encouraged to delist from the ASX.

NZ Oil & Gas waits on Cue board positions
NEW Zealand Oil & Gas is yet to find out what representation it will have on the board of Cue Energy Resources after acquiring almost half its shares.

NZ Oil & Gas awaits word of Cue board positions after securing 48% stake
New Zealand Oil & Gas is awaiting word from Cue Energy Resources on board representation, after securing 48 percent of the energy company it says may be encouraged to delist from the ASX. NZOG made a hostile takeover bid for Cue at 10 Australian cents a share after buying 19.99 percent of the company in December from Todd Energy and has since picked up further stakes from shareholders including ...



Saturday, April 11, 2015

New Zealand Oil & Gas News

Oil Production Commences at Pateke-4H Well in PMP 38158 Off New Zealand
by AWE Ltd. AWE Limited, as Operator of PMP 38158 offshore New Zealand, reported Tuesday that the subsea tie-back and installation project to connect the Pateke-4H development well to the Tui area oil fields gathering system has been successfully completed and that oil production has commenced.

Warning of danger to dolphins
Opening up new areas for oil and gas prospecting could make an already bad situation for marine mammals worse, a Hector's dolphin researcher warns. read more

AWE begins Pateke-4H development well production offshore New Zealand
Australia-based AWE has started production of the Pateke-4H development well located offshore New Zealand, following completion of installation of a subsea tie-back connecting the well to its Tui area oil fields gathering system.



Monday, March 30, 2015

New Zealand Oil & Gas News

New Zealand courts oil and gas explorers
Daniel J. Graeber WELLINGTON, New Zealand, March 30 (UPI) -- Less than a week after boasting of the renewable energy footprint, the New Zealand government announced the start of an oil and gas drilling auction.






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