New Zealand Energy Corp. engages in acquisition, exploration, development, and production of conventional oil and natural gas resources. The company is headquartered in New Plymouth, North Island. The company went IPO on 2011-08-04. 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 firm 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 firm 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.
Follow-Up Questions
Who is the CEO of New Zealand Energy Corp?
Mr. Michael Adams is the Chief Executive Officer of New Zealand Energy Corp, joining the firm since 2015.
What is the price performance of NZERF stock?
The current price of NZERF is $0.2095, it has decreased 0% in the last trading day.
What are the primary business themes or industries for New Zealand Energy Corp?
New Zealand Energy Corp belongs to Energy industry and the sector is Energy
What is New Zealand Energy Corp market cap?
New Zealand Energy Corp's current market cap is $8.0M
