Operating Approach

NZEC’s operating approach includes:

  • Assembling a first-rate technical team with extensive in-country experience covering the full range of oil and natural gas skill sets;
  • Gaining access to a large geophysical database and continuing to add new 2D and 3D seismic data;
  • Introducing modern well drilling and completion technologies;
  • Meeting or exceeding health, safety and environmental protection standards;
  • Completing 2D and 3D seismic surveys to identify new targets and reduce exploration risk;
  • Focusing on multi-zone targets; 
  • Prioritizing exploration and production opportunities that are close to existing infrastructure, expediting tie-in and minimizing costs; and
  • Engaging with local communities and indigenous people to ensure everyone benefits as the projects advance.

About New Zealand Energy Corp.

NZEC is a publicly-traded company (TSX-V:NZ) focused on the production and exploration of oil and natural gas prospects in New Zealand.

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Last Updated: 0.01 +0.00 +0% Volume: 999,000 November 18, 2019