OPERATIONS

Operating Approach

Taranaki Basin

Work Program

 

 

Work Program

 

The Company’s near-term objective is to increase production and cash flow while reducing exploration expenses. To achieve this objective, NZEC will prioritize low-cost, low-risk opportunities that are expected to bring near-term production and cash flow. NZEC’s objective is to organically build up working capital through internally-generated cash flow. Once the Company has established a strong production and cash flow base, the Company can again look to advancing higher-impact operations, such as drilling new wells.

 

Please check News and Events and the latest Company Management Discussion and Analysis for the latest updates.

 

 

 

 

 

 

 

Despite its highly prospective geology and numerous oil and  gas seeps, New Zealand remains largely underexplored and offers a unique opportunity to  develop world-class hydrocarbon resources in a geopolitically stable region.