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NZOG plans $25m rights issue, eyes ASX primary listing

NZ Oil and Gas (NZOG) said it planned to raise $25 million to invest in growth projects in New Zealand and Australia.
Dual-listed NZOG also plans to make t ....

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New Zealand Oil & Gas boss: 'A very disappointing result for us all'

GOOGLEMAPS/Stuff
New Zealand Oil & Gas will announce on December 31 whether its Ironbark-1 drilling for gas off the coast of Western Australia has been successful.
The drill “spudded” in November – the industry term for drilling commencing – with BP conducting the drilling, which had reached a depth of 5202m on December 22 in seas of just over 300m deep.
Operations to plug and abandon the well were commencing, Jefferies said.
”While the operations are not over yet, I’d like to acknowledge the Operator BP for their safe and professional operations throughout the drilling of the well, as well as our JV partners and our shareholders for their continuing support,” he said. ....

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Trading halt on New Zealand Oil & Gas shares

New Zealand Oil & Gas chief exec's frank announcement after drilling fails to find gas. ....

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