Company Overview and News

 
Oil and gas sector jittery about immediate impact of move away from fossil fuels

2018-03-27 nzherald.co.nz
While New Zealand's government said a transition away from fossil fuels will take several decades, concern about the immediate future is running high in the sector given investment already sunk into exploration.
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Zeta to increase stake in GME

2017-11-16 businessnews.com.au
Zeta Resources is set to increase its position in Perth-based nickel company GME Resources to nearly 50 per cent following the acquisition of investment firm Axelrock for $50.1 million.
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Zeta buys Axelrock for $50m: ups stakes in GME, Alliance, Seacrest

2017-11-15 australianmining.com.au
Investment company Zeta Resources has announced it is to purchase Axelrock, a move that will sizeably increasing its stake in three of holding company Axelrock’s subsidiaries: GME Resources (nickel-cobalt), Alliance Mining (gold and base metals) and Seacrest LP (oil and gas).
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NZOG shareholders question OG offer

2017-10-30 nzherald.co.nz
New Zealand Oil and Gas shareholders had mixed views on the partial takeover offer from OG offer at the company's annual meeting in Wellington this morning.
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Ofer Global Oil & Gas extends takeover offer for NZ Oil & Gas by a month

2017-10-25 nzherald.co.nz
OG Oil & Gas has extended the closing date of its partial takeover bid for New Zealand Oil & Gas by one month to December 9, while shareholder H&G has tendered its entire 9.2 per cent stake into the offer.
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Zeta Resources bid for NZ Oil & Gas fails, H&G plans to accept Ofer Group Oil & Gas' offer

2017-10-19 nzherald.co.nz
Private investment firm H&G will accept Ofer Group Oil & Gas' offer for New Zealand Oil & Gas after ASX-listed Zeta Resources' play to seize control of the company did not meet the minimum acceptance condition and has lapsed.
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Panoramic Resources - The Lady Is A Tramp?

2017-10-18 seekingalpha
Savannah Mine has a minimum life time of 8.5 years with 11,000t Ni, 5,800t Cu, 760t Co output p.a.).
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NZX50 cracks 8,000, led by market darlings A2, Xero

2017-10-09 nzherald.co.nz
New Zealand shares rose, with the benchmark index surpassing 8,000 for the first time, led higher by export-orientated, investor favourites A2 Milk Co and Xero.
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OGOG wins NZOG's blessing after lifting offer by 1 cent a share

2017-10-08 nzherald.co.nz
OG Oil & Gas has sweetened its partial takeover bid for New Zealand Oil & Gas, winning over the Kiwi energy explorer's independent directors.
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Synlait success has stock at record high

2017-09-19 nzherald.co.nz
New Zealand shares inched up, with Synlait Milk touching records, A2 Milk gaining after Synlait's positive earnings and New Zealand Refining recovering.
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OG Oil & Gas keen on NZX-listing for NZOG in partial bid to keep future capital lines open

2017-09-18 nzherald.co.nz
OG Oil & Gas, the oil and gas division of Ofer Global Group, is pursuing a partial takeover of New Zealand Oil & Gas to keep the local energy explorer's NZX listing and the access to future capital it provides.
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Kuwait officials say oil spill controlled

2017-08-14 ogj
The source of an oil spill off southern Kuwait remained undetermined Aug. 14 as officials said floating oil had been contained and clean-up was in progress.
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ESAI 5-year oil outlook sees tenuous balance

2017-08-14 ogj
In its recent Five-Year Outlook, ESAI Energy points out that the call on Organization of Petroleum Exporting Countries crude will remain under tremendous pressure over the next 5 years.  
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MARKET WATCH: Oil prices end week with gain on IEA revisions - Oil & Gas Journal

2017-08-14 ogj
US light, sweet crude prices gained slightly on Aug. 11 but settled below $49/bbl and ended the week down 1.53%—the second consecutive weekly decline. At its highest point last week, the US benchmark briefly topped $50/bbl on Aug. 10 but settled well below that.
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Zeta makes partial takeover bid for New Zealand Oil & Gas

2017-08-11 ogj
Singapore-based Zeta Energy Pte. Ltd., a wholly owned subsidiary of investment group Zeta Resources Ltd., has launched a partial offer for Wellington-based New Zealand Oil & Gas Ltd. (NZOG). If successful, Zeta would gain a 50.1% controlling interest in NZOG.
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