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Pan Pacific Petroleum N.L.

NZ Sharemarket Posts Modest Gain In Quiet Session

NZ Sharemarket Posts Modest Gain In Quiet Session
Wellington, March 5 NZPA - The New Zealand sharemarket rose for an eighth successive trading day to a six-week high but brokers described it as a quiet day.

NZ Sharemarket Edges Down In Early Trading

NZ Sharemarket Edges Down In Early Trading
Wellington, Jan 25 NZPA - The New Zealand sharemarket drifted south in early trading today as the fallout from two days of falls on Wall Street continued to affect the global market. The benchmark NZX-50 index was down 9.90 points, or 0.311 percent, at 3180.522 around 10.15am.

NZ Sharemarket Ends Ahead But Off Best Levels

NZ Sharemarket Ends Ahead But Off Best Levels
Wellington, Oct 15 NZPA - The New Zealand sharemarket managed to finish ahead but off its best levels today. Other markets in Asia did better in the wake of the Dow's breach of the 10,000 level for the first time on the back of a strong result from JPMorgan Chase & Co.

New Zealand Sharemarket Posts Modest Gains

New Zealand Sharemarket Posts Modest Gains
Wellington, Sept 30 NZPA - The New Zealand sharemarket posted modest gains in mixed trading today with bargain hunters emerging in so-called situation stocks. The benchmark NZSX-50 index closed up 5.669 points, or 0.18 percent, at 3161.062 after initially trading lower.

Pan Pacific Petroleum Joins Timor Sea Venture

Pan Pacific Petroleum Joins Timor Sea Venture
Wellington, Sept 30 NZPA - Pan Pacific Petroleum, which is 15 percent owned by New Zealand Oil and Gas, has signed a farm-in deal on a block in the Timor Sea.

NZ Oil & Gas Net Profit Falls 45 Pct To $53.2m

NZ Oil & Gas Net Profit Falls 45 Pct To $53.2m
Wellington, Aug 26 NZPA - New Zealand Oil & Gas reported a 45 percent fall in full year net profit to $53.2 million, as revenue from ordinary activities declined 41 percent to $138.9 million.

Pan Pacific Dividend Benefits NZOG

Pan Pacific Dividend Benefits NZOG
Wellington, April 27 NZPA - The outstanding performance of the Tui oilfield in New Zealand has allowed Australian company Pan Pacific Petroleum NL to pay a $A18 ($NZ23.01) million special dividend to shareholders.

New Offshore Taranaki Exploration Permit For NZOG And Partners

New Offshore Taranaki Exploration Permit For NZOG And Partners
Wellington, March 20 NZPA - New Zealand Oil & Gas (NZOG) and its joint venture partners from the successful Tui oil fields development have been awarded a new exploration permit in the offshore Taranaki Basin.

Australian Company Books Profit From Tui In Taranaki

Australian Company Books Profit From Tui In Taranaki
Wellington, Feb 19 NZPA - Australian company Pan Pacific Petroleum today reported a $A39 million ($NZ50 million) profit in the six months to December 31 care of its part ownership of the Tui oil field in Taranaki. The profit was up from $A9.99m in the same period last year.

NZOG Gets Ok From Foreign Investment Board To Up PPP Stake

NZOG Gets Ok From Foreign Investment Board To Up PPP Stake
Wellington, Jan 15 NZPA - The Australian Foreign Investment Review Board has no objection to New Zealand Oil and Gas (NZOG) increasing its stake in Pan Pacific Petroleum (PPP). In December, NZOG acquired a "strategic stake" in PPP and has voting power of 14.865 percent.