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New Zealand Oil & Gas Limited

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.

Kupe Field reserves increased significantly

Kupe Field reserves increased significantly
Wellington, July 14 NZPA - The reserves of the Kupe oil and gas field off the Taranaki coast have been significantly upgraded, providing a windfall for its owners, including state-owned Genesis Energy and listed New Zealand Oil & Gas Ltd (NZOG), whose share price rose 6.3 percent.

Kupe Field better than expected, says NZOG

Kupe Field better than expected, says NZOG
Wellington, July 14 NZPA - The Kupe oil and gas field off the Taranaki coast may produce a $100 million windfall for New Zealand Oil & Gas Ltd (NZOG) after its reserves were upgraded.

Blowout preventers fitted to Kahu-1 well

Blowout preventers fitted to Kahu-1 well
Wellington, July 8 NZPA - Pan Pacific Petroleum said blowout preventers are being installed to the Kahu-1 exploration well off the Taranaki coast today.

NZ sharemarket gets late boost from RBA

NZ sharemarket gets late boost from RBA
Wellington, July 6 NZPA - New Zealand shares posted a last-minute surge today after the Reserve Bank of Australia left interest rates steady, having spent almost all the session in the red. The benchmark NZX-50 index closed up 5.06 points at 2952.40, after a 9-point gain yesterday.

Tui oil production forecast to fall by two-fifths in coming year

Wellington, July 5 NZPA - Production from the Tui area oil fields off the Taranaki Coast is expected to fall by about two-fifths in the coming year, as production rates decline naturally and one of the wells in the field is shut in for repairs.