Showing posts with label John Proust. Show all posts
Showing posts with label John Proust. Show all posts
Monday, June 11, 2012
Read News Release Here: http://bit.ly/NZStratAcq
New Zealand Energy (TSX-V:NZ) is pleased to announce the strategic acquisition of upstream and midstream assets from Origin Energy Limited. These assets include four petroleum mining licenses, the Waihapa Production Station, and associated gathering and sales infrastructure.
The petroleum licenses cover over 26 thousand acres and are located in the Taranaki Basin production fairway. The properties include 16 established drill pads with production infrastructure in place, along with log data from 27 wells that demonstrate multi-zone potential in New Zealand Energy's target formations. In addition, the acquisition includes 93 square kilometres of 3D seismic data and 585 kilometres of 2D seismic, and New Zealand Energy has already identified a number of new drilling targets on the properties.
Owning the Waihapa Production Station will give New Zealand Energy strategic control over oil and gas gathering, processing and sales infrastructure in the region, providing New Zealand Energy with the capacity to process its own production at reduced costs while also generating cash flow from third-party processing agreements.
For More Info, Visit:
http://www.NewZealandEnergy.com
http://www.EvenKeelMedia.com
Tuesday, October 25, 2011
Subscriber Investment Summit 2011: New Zealand Energy
Sign up for our FREE newsletter here: http://bit.ly/ekmnewsletter
New Zealand Energy (TSX-V: NZ) CEO John Proust gives the corporate presentation at the 2011 Subscriber Investment Summit.
NZEC's primary short-term objective is to achieve commercial oil and/or natural gas production by year-end 2011 by completing and testing the Copper Moki-1 discovery drilled in January 2011. The Company's long-term goal is to become the largest independent oil and natural gas producer in New Zealand.
For More Info, Visit:
http://www.newzealandenergy.com
To watch the other 2011 Subscriber Investment Summit presentations, visit http://www.evenkeelmedia.com/subscriber-investment-summit
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