Detail akcie New Zealand Egy Rg online

Business Summary: New Zealand Energy Corp. is a New Zealand-based company, which is an oil and gas producer. The Company, through its subsidiaries, is engaged in the exploration, appraisal, development, and production of oil and natural gas, as well as the operation of midstream assets, in New Zealand. The Company conducts its business as a single segment being the acquisition, exploration, appraisal, development and production of conventional oil, and natural gas resources in New Zealand. The Company’s geographic segment is New Zealand. The Company produces petroleum from Waihapa and Ngaere wells in the TWN Petroleum Mining Licenses and from the Copper Moki wells in the Copper Moki Mining Permit. The Waihapa Ngaere wells produce oil and gas from the fractured Oligocene Tikorangi Limestone at a depth of approximately 2700 meters.
Financial Summary: BRIEF: For the three months ended 31 March 2026, New Zealand Energy Corp revenues increased from C$246K to C$611K. Net loss increased 57% to C$1.7M. Revenues reflect Oil sales increase from C$16K to C$510K. Higher net loss reflects Salaries and wages increase from C$251K to C$558K (expense), Depreciation increase from C$69K to C$192K (expense), Abandonment provision movement increase from C$16K to C$70K (expense).