Since its inception in 2010, NZEC has moved quickly to assemble a portfolio of highly prospective properties and a world-class technical team with the expertise required to rapidly advance the properties to production. NZEC is focused on systematically exploring and advancing its properties, reducing risk and adding value with every corporate milestone. Milestones achieved to date are outlined in the History of NZEC page. Upcoming value drivers for 2013 include:
Near-term catalysts
- Achieving production from Arakamu-2 well
- Results from Wairere-1A well
- Complete acquisition of assets from Origin Energy and associated financial arrangements
- Reactivate six Tikorangi wells using established gas lift system
- Recomplete six existing wells in uphole formations
- Access five high-priority Mt. Messenger targets from Waipapa site
- Advance commercial opportunities for the Waihapa Production Station
- Recommence exploration on Eltham/Alton permits (Q3-2013)
- Unlock potential of East Coast shales with two exploration wells (Q4-2013)