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New Zealand Oil & Gas Limited

NZ sharemarket eases as small stocks take a hit

NZ sharemarket eases as small stocks take a hit
Wellington, Oct 19 NZPA - The New Zealand sharemarket eased today as several smaller stocks slumped significantly, led by coal miner Pike River Coal's 11 percent decline after it again cut production forecasts.

New CEO at Commerce Commission

New CEO at Commerce Commission
Wellington, Oct 19 NZPA - The Commerce Commission is promoting regulation general manager Brent Alderton to chief executive in January, replacing Nicholas Hill who will leave the competition watchdog at the end of the year.

Tui field to increase production with restart of Pateke-3H well

Wellington, Oct 11 NZPA - New Zealand Oil & Gas Ltd (NZOG) said oil production from the Tui area oil fields is likely to increase in the December quarter now that the Pateke-3H production well is operating again after being shut-in since late June.

NZOG comes to Pike River Coal's rescue

NZOG comes to Pike River Coal's rescue
Wellington, Sept 30 NZPA - Pike River Coal Ltd has negotiated an unsecured loan facility of up to $25 million with its largest shareholder New Zealand Oil & Gas Ltd (NZOG) to provide short-term working capital while its mine on the West Coast ramps up.

Sharemarket quiet with little data to digest

Sharemarket quiet with little data to digest
Wellington, Sept 7 NZPA - The New Zealand sharemarket opened relatively quietly this morning as trade overseas thinned since the US Labour Day holiday gave overseas markets no data to digest.

New Zealand sharemarket up after encouraging overseas data

New Zealand sharemarket up after encouraging overseas data
Wellington, Sept 3 NZPA - The New Zealand sharemarket rose in early trading as encouraging US data kept investors optimistic ahead of tonight's US monthly payroll figures.

New Zealand sharemarket recovers from early falls, still in red

New Zealand sharemarket recovers from early falls, still in red
Wellington, Aug 31 NZPA - The New Zealand sharemarket made up most of the ground lost early in a generally quiet session, with most focus on today's bailout of South Canterbury Finance.

NZ sharemarket opens quietly

NZ sharemarket opens quietly
Wellington, Aug 6 NZPA - The New Zealand sharemarket was quiet in early trading, following a relatively weak performance from overseas markets as US weekly jobless claims raised concerns and investors anticipate more disappointing US payroll numbers tonight.

NZ sharemarket opens strongly

NZ sharemarket opens strongly
Wellington, Aug 3 NZPA - The New Zealand sharemarket rose in early trading today as relatively positive global data incited overseas market investors to start their week on a bold note.

NZ sharemarket builds on early gains

NZ sharemarket builds on early gains
Wellington, July 20 NZPA - The New Zealand sharemarket turned its back on three consecutive days of decline, building momentum after an early small gain to close up more than 1 percent.