Detail akcie NZEC online

Business Summary: New Zealand Energy Corp. (NZEC) is a New Zealand-based company. The Company, through its subsidiaries is engaged in the production of and exploration for oil and natural gas, as well as the operation of midstream assets, in New Zealand. The Company’s assets are located on New Zealand’s North Island in the Taranaki Basin. NZEC operates three Petroleum Mining Licenses' (PMLs), one Petroleum Mining Permit (PMP) and one Petroleum Exploration Permit (PEP). It has interest in PML 38138, PML 38140 and PML 38141. The Company also has interest in the Waihapa Production Station and associated gathering and sales infrastructure, providing services, such as operation of the Ahuroa gas storage facility, oil handling and pipeline throughput, gas processing and transport, and produced water handling and disposal.
Financial Summary: BRIEF: For the six months ended 30 June 2020, New Zealand Energy Corp revenues decreased 49% to C$2.7M. Net loss increased 82% to C$1.2M. Revenues reflect Purchased light oil decrease of 78% to C$389K, Oil sales decrease of 51% to C$1.1M, Processing revenue decrease of 15% to C$1.1M. Higher net loss reflects Professional fees increase of 4% to C$94K (expense), Foreign exchange (gain)/loss decrease of 54% to C$2K (income).