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Zeta to increase stake in GME

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.

Zeta buys Axelrock for $50m: ups stakes in GME, Alliance, Seacrest

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).

NZOG shareholders question OG offer

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.

Ofer Global Oil & Gas extends takeover offer for NZ Oil & Gas by a month

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.

Zeta Resources bid for NZ Oil & Gas fails, H&G plans to accept Ofer Group Oil & Gas' offer

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. (1-0)

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.). (16-0)

NZX50 cracks 8,000, led by market darlings A2, Xero

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. (13-0)

OGOG wins NZOG's blessing after lifting offer by 1 cent a share

OG Oil & Gas has sweetened its partial takeover bid for New Zealand Oil & Gas, winning over the Kiwi energy explorer's independent directors.

Synlait success has stock at record high

New Zealand shares inched up, with Synlait Milk touching records, A2 Milk gaining after Synlait's positive earnings and New Zealand Refining recovering. (11-0)

OG Oil & Gas keen on NZX-listing for NZOG in partial bid to keep future capital lines open

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.

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.

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.  

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.

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.

NZ shares mixed, NZOG gains on takeover

New Zealand shares were mixed, with New Zealand Oil & Gas gaining on a partial takeover offer while CBL Corp and Goodman Property Trust fell.