Welcome to our dedicated page for New Zealand Energy news (Ticker: NZERF), a resource for investors and traders seeking the latest updates and insights on New Zealand Energy stock.
New Zealand Energy Corp. (NZERF over-the-counter, NZ on the TSX Venture Exchange) is an onshore producing oil and gas company focused on the development of oil, gas, and gas-storage opportunities in New Zealand. Its news flow centers on operational updates in the Taranaki basin, corporate developments, and progress on the Tariki Gas Storage Project, which the company describes as one of its most strategically significant infrastructure developments.
Readers of this news page can review company-issued announcements on production and workover activity at Copper Moki and Waihapa-Ngaere, including recompletions, recommencement of production, and joint venture operations in which New Zealand Energy Corp. reports holding a 50% interest. The company also provides updates on the Tariki Gas Storage Project, covering subsurface modelling, facility concept studies, and collaboration with Genesis Energy Limited under a non-binding memorandum of understanding.
In addition to operational news, New Zealand Energy Corp. regularly discloses capital markets and governance events. These include non-brokered private placements of common shares, shares-for-debt settlements, termination of outstanding loans, and the intended use of proceeds for Tariki gas storage work and general working capital, all subject to TSX Venture Exchange approval. The company also reports on annual general and special meeting results, director elections, auditor appointments, and changes in senior management such as the appointment of a Chief Operating Officer, Chief Financial Officer, Corporate Secretary and General Counsel, Chief Executive Officer, and Executive Chairman.
Investors and observers can use this page to follow how New Zealand Energy Corp. describes the evolution of its New Zealand oil, gas, and gas-storage activities, as well as its financing transactions and board and management changes, through its own news releases and public statements.
New Zealand Energy Corp. (OTC: NZERF) granted stock options to certain directors, officers and employees to purchase up to 3,250,000 common shares. The Options are exercisable at C$0.45 per share, vest immediately and expire five years from grant.
The grant is described as aligning management and staff interests with shareholders and providing long-term incentives tied to company performance.
New Zealand Energy Corp (OTC: NZERF) closed a non-brokered private placement of 17,500,000 common shares at C$0.20 per share for aggregate gross proceeds of C$3.5 million on February 9, 2026.
The proceeds will fund advancement of the company’s gas storage business and general corporate purposes. Advisory fees of C$29,250 were paid. Two insiders subscribed for 2,600,000 shares (C$535,000); the related-party participation fell below MI 61-101 thresholds, so no formal valuation or minority approval was required.
New Zealand Energy Corp. (NZERF) announced a proposed private placement of up to 17,500,000 common shares at C$0.20 per share to raise up to C$3.5 million on a non-brokered basis. The company said net proceeds will be used to advance its gas storage business and for general corporate purposes. The Offering is subject to regulatory approvals, including conditional TSX Venture Exchange approval, and is expected to close on or about February 5, 2026. The shares will not be registered in the United States and U.S. persons cannot participate absent an exemption.
New Zealand Energy Corp (OTC: NZERF) announced the immediate appointments of Toby Pierce as Chief Executive Officer and Robert Bose as Executive Chairman, effective January 14, 2026.
Mr. Pierce brings close to 30 years of energy and natural resources leadership with an MBA from Rotman and a BSc in Earth Sciences. Mr. Bose has over 25 years of corporate and public markets experience and leads Charlestown Energy Partners. Both predecessors, Mike Adams and Frank Jacobs, voluntarily stepped down and will continue to serve as directors.
New Zealand Energy Corp (NZERF) entered a definitive funding agreement with Monumental Energy effective January 12, 2026, to fund workover projects on NZEC's 50% interest in PML 38140 and PML 38141 in onshore Taranaki.
Under the agreement Monumental will fund NZEC's share of projects in exchange for a project-level royalty: 75% of net receipts quarterly until Monumental recovers its costs, then a continuing 25% of net receipts. The Ngaere 1 project, adding a new producing zone, is expected to commence in Q1 2026, subject to TSX Venture Exchange approval, New Zealand ministerial consent, and availability of equipment and personnel. The transaction requires TSX-V approval because it involves a non-arm's-length party (a director common to both companies).
New Zealand Energy Corp (OTC: NZERF) appointed Justin Post as Chief Operating Officer and Project Director for the Tariki Gas Storage Project, effective January 8, 2026. Mr. Post brings nearly 30 years of experience across gas storage, upstream oil and gas, compression, power generation, renewables, and large capital delivery, and most recently served as General Manager, Production Operations at Todd Energy.
The appointment is intended to strengthen execution capability as the Tariki project advances from development toward commercial operations. Current workstreams emphasize final modelling, facilities planning, refined cost estimates, execution planning, and upcoming decision gates focused on concept selection, schedule, cost, and delivery risk.
New Zealand Energy Corp. (OTC: NZERF) reported shareholder voting results from its annual general and special meeting held on December 30, 2025 in Vancouver.
Key outcomes: shareholders fixed the board size at five directors and elected all five nominees from the management information circular dated December 4, 2025; Crowe MacKay LLP was appointed as auditor for the upcoming year with directors authorized to fix remuneration; and shareholders approved a rolling incentive stock option plan allowing issuance of up to 10% of issued and outstanding common shares from time to time.
New Zealand Energy Corp (OTC:NZERF) and joint venture partner L&M Energy have executed a non-binding MoU with Genesis Energy to collaborate exclusively on technical studies, commercial negotiations, and milestones for the Tariki Gas Storage Project.
Key near-term items: dynamic subsurface modelling is on schedule for delivery in December 2025, facility concept studies are underway, NZEC is recruiting gas-storage personnel, and operations at Tariki-5A are anticipated to recommence in Q1 2026 based on current lead times.
The MoU aims to progress to a gas storage services agreement, support a final investment decision, and advance the project toward commercial operations.
New Zealand Energy Corp (TSXV: NZ / OTC: NZERF) announced management changes effective October 31, 2025. Barry MacNeil is appointed Chief Financial Officer and Giuseppe (Pino) Perone is appointed Corporate Secretary and General Counsel. They succeed Ketan Chhima, who voluntarily stepped down from both roles effective the same date. The company thanked Mr. Chhima for his service and wished him well.
Background: Mr. MacNeil has over 20 years of senior financial and public company experience in the natural resources sector and has served as CFO for several TSXV companies. Mr. Perone is a corporate lawyer with extensive public company experience and currently serves as an officer and director of multiple TSXV-listed companies.
New Zealand Energy Corp. (TSXV: NZ) reported its Q2 2025 financial results and operational updates. The company recorded a total comprehensive loss of $2,567,631, compared to a loss of $2,100,963 in 2024, with cash holdings declining to $61,250 at quarter-end.
Key operational highlights include successful recompletion of Copper Moki-1, with combined Copper Moki-1 and Copper Moki-2 production reaching ~105 BOE/d. The Waihapa-Ngaere field resumed production in March 2025, with Ngaere-1 achieving impressive flush rates of over 400 bbls of oil in one day. Current trucking averages ~190 bbls per day.
Post-quarter, NZEC completed a $2,718,640 non-brokered private placement and terminated a $2,000,000 loan to Vliet Financing B.V.