New Zealand Energy Corp.
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- Business
- New Zealand Energy Corp. engages in the acquisition, exploration, development, production, and appraisal of conventional oil and natural gas resources in New Zealand through its subsidiaries. The company holds interests in the TWN Petroleum Mining Licenses comprising Waihapa/Ngaere and Tariki fields; the Copper Moki petroleum mining permit; and the Eltham petroleum exploration permit; and operates midstream assets including pipeline-connected infrastructure. It possesses proved plus probable (2P) gas reserves of 6.88 petajoules (5.50 billion cubic feet) across its Taranaki Basin assets, targeting restoration projects for rapid cash flow generation and gas storage solutions in New Zealand's isolated premium gas market with depleting production and high entry barriers. Founded in 2010 and headquartered in New Plymouth, New Zealand, the company focuses on onshore operations in the Taranaki region serving domestic energy needs. Recent developments include the execution of a non-binding memorandum of understanding in November 2025 with Genesis Energy Limited and joint venture partner L&M Energy Limited to advance the Tariki Gas Storage Project through technical studies and commercial negotiations toward a final investment decision; completion of a C$3 million non-brokered private placement in July 2025 led by Charlestown Energy Partners LLC to fund the Tariki project and repay loans; successful recompletion and production testing of the Copper Moki-2 well in June 2025 yielding initial oil rates of 48 to 60 barrels per day; management changes in October 2025 with the appointment of Barry MacNeil as Chief Financial Officer and Giuseppe Perone as Corporate Secretary and General Counsel; and a strategic shift in late 2024 toward a gas-storage-focused business model under a royalty agreement with Monumental Energy.
New Zealand Energy Corp. Files First Quarter Financial Statements
New Zealand Energy Corp. Provides Corporate Update
New Zealand Energy Corp. Provides Corporate Update
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New Zealand Energy Corp. Provides Corporate Update
New Zealand Energy Corp. Announces Strong Initial Production Test Results from Two Tariki Wells
New Zealand Energy Corp. Announces Delay in The Filing of Its Annual Disclosure
Holland America Line Charts Six Continents and Rare and Renowned Ports in 2028 Grand Voyages
WORLDLINE : New Zealand payment divestment - Press release
New Zealand Energy Corp. Announces Strong Initial Production Results from Ngaere-2 Well
New Zealand Energy Corp. Announces Successful Production from Waihapa H1 Well
New Zealand Energy Corp. Provides Operational Update
New Zealand Energy Corp. Provides Corporate Update
New Zealand Energy Corp. Closes C$3.5 Million Private Placement
New Zealand Energy Corp. Closes Funding Agreement
New Zealand Energy Corp. Announces Private Placement
New Zealand Energy Corp. Announces CEO and Executive Chairman Appointments
New Zealand Energy Corp. Enters into Funding Agreement to Increase Production at Waihapa-Ngaere
New Zealand Energy Corp. Announces Executive Appointment as Tariki Gas Storage Project Advances
New Zealand Energy Corp. Reports Annual General and Special Meeting Voting Results