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Company

Operator · New Zealand Shale

New Zealand Energy Corporation

Acquired in July 2013 by L & M Energy Ltd.. The snapshot below reflects historical activity.

OTC-Markets:NZERF

About

Exploration & Production

  • WebsiteVisit →
  • TickerOTC-Markets:NZERF
  • AddressVancouver BC
  • Phone604-601-2010
  • Acquired byL & M Energy Ltd.

Acquisition chain

Forward & backward M&A lineage

  1. Westech Energy New Zealand Dec 2013 View deal →
  2. New Zealand Energy Corporation (this company)
  3. L & M Energy Ltd. Jul 2013 View deal →

See full transactions & chain →

Drilling activity

No activity recorded

No active rigs

Operations transferred to L & M Energy Ltd. Live rig records sit under the successor.

View L & M Energy Ltd. →See the transactionView historical activity

Recent activity

NZEC: Mechanical Difficulties Cut into Well Production

NZEC: Mechanical Difficulties Cut into Well Production

Field production from the TWN Licenses declined in the second half of the month as the result of a compressor failure.

New Zealand Energy Corporation

NZEC Turns on Taps at 12 Taranaki Basin Wells

NZEC Turns on Taps at 12 Taranaki Basin Wells

To date the Company has advanced 12 wells to production: four wells on the Eltham Permit and eight wells on the TWN Licenses.

New Zealand Energy Corporation

NZEC Sets Up Wells at Taranaki, East Coast Basin Projects

NZEC Sets Up Wells at Taranaki, East Coast Basin Projects

The company noted 19,682 barrels of oil produced and 17,630 barrels of oil sold during Q1-2014.

New Zealand Energy Corporation

NZEC Initiates Production at New Zealand Well Fleet; Ups Reserves 145%

NZEC Initiates Production at New Zealand Well Fleet; Ups Reserves 145%

The Waitapu-2 and Waihapa-8 wells commenced production on March 6 and March 29, respectively.

New Zealand Energy Corporation

Two Senior Execs at NZEC Take Early Retirement

Two Senior Execs at NZEC Take Early Retirement

Further to New Zealand Energy Corp.'s commitment to reduce costs, two of NZEC's senior executives, Bruce McIntyre and Ian Brown, have taken early retirement from their paid employment...

New Zealand Energy Corporation

See all news

Latest news mentioning New Zealand Energy Corporation

NZEC Makes Progress at Taranaki Wells Mar 4, 2014
NZEC Outlines Taranaki Basin Well Production; Averages 284 BO/d Feb 4, 2014
NZEC's Taranaki Wells Flowing 236 BO/d; Three Wells to be Added Jan 6, 2014
NZEC Reactivates Six Tikorangi Well Projects; Talks Flow Rates Dec 2, 2013
NZEC Sees Significant Taranaki Asset Growth; Talks Oily Work Program Nov 27, 2013
All news

Deals

Filter: New Zealand Shale

NZEC Gains W.I., Becomes Operator of East Coast Basin Wairoa Project Dec 2013

New Zealand Energy Corp. and its wholly-owned subsidiary, NZEC Wairoa Limited have received final approval from New Zealand Petroleum &…

NZEC Seals Deal for Origin's Upstream, Midstream Asset Portfolio Jun 2013

Closing Announcement - October 29, 2013 New Zealand Energy Corp. has closed the acquisition of strategic upstream and midstream assets from…

NZEC Picks Up JV Partner for New Zealand Shale Development Jul 2013

New Zealand Energy Corp. has signed a binding Letter Agreement with L&M Energy Limited whereby LME will pay NZEC C$18.25 million to form a…

All transactions →

Permits

Filter: New Zealand Shale

No active permits in New Zealand Shale

Operations transferred to L & M Energy Ltd. Live permits sit under the successor.

View L & M Energy Ltd. →See the transactionView historical activity

Assets

Filter: New Zealand Shale

All assets →

Capital raised

NZEC Closes $16.1MM Private Placement Following Acquisition Oct 29, 2013 · $16M · Equity-Stock-Sales
NZEC Details $15 Million Private Placement Sep 20, 2013 · $15M · Equity-Stock-Sales
All raises

Regions of activity

New Zealand Shale
Region detail