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New Zealand Energy Corp. announces operational and corporate developments tied to oil, gas and gas-storage opportunities in New Zealand. Recurring updates cover onshore Taranaki Basin activity, including Tariki, Ngaere and Waihapa wells, workovers, production testing, tie-ins to the Waihapa production station and advancement of the Tariki Gas Storage Project. Company news also includes capital raises, stock option grants, disclosure-timing matters and joint activity with co-venturers on petroleum mining licences.
New Zealand Energy Corp. (OTC: NZERF, TSXV: NZ) reported Q2 2026 net income of $708,775, reversing a net loss of $1,635,593 in Q2 2025, on revenue of $2,160,454. The company ended the quarter with working capital of $1,446,232 and cash and equivalents of $2,055,176 after completing a $3,500,000 private placement.
Oil production rose to 10,950 barrels (NZEC share) versus 1,685 barrels a year earlier, with oil sales of 13,001 barrels generating $1,802,492 at an average realized price of $138.65 per barrel. NZEC also restarted and flow-tested Tariki-5A and Tariki-1A, producing about 120 MMSCF of gas and 1,600 barrels of condensate over 64 days, and plans to restart Tariki gas production in September 2026 alongside further workovers and debottlenecking.
New Zealand Energy (OTC: NZERF, TSXV: NZ) has appointed Jessica Lindskog to its board of directors, effective immediately. She brings 20 years of international experience in the energy sector and capital markets, including investor relations, corporate strategy, equity research, and financial valuation.
According to New Zealand Energy, Lindskog currently manages strategic investor communications for a publicly traded international energy company and holds advanced degrees in accounting, finance, and management. With her appointment, the board now includes two independent directors, satisfying TSX Venture Exchange Policy 3.1. The company focuses on oil, gas, and gas-storage projects in New Zealand, including the Tariki Gas Storage Project and a 50% stake in the Waihapa production station.
New Zealand Energy Corp. (TSXV: NZ, OTC: NZERF) announced that trading in its common shares will be reinstated on the TSX Venture Exchange shortly. The company outlined current board composition, noting only one independent director after a May 14, 2026 resignation, triggering a TSXV 90‑day notice to restore compliance.
New Zealand Energy also detailed its corporate finance advisory engagements with Auctus Advisors, including services provided and total consideration of £150,000 (C$272,750 equivalent) for 2024–2025 and C$175,000 for a 2026 engagement.
New Zealand Energy Corp. (TSXV: NZ, OTC: NZERF) announced that the British Columbia Securities Commission has revoked, effective July 13, 2026, both the management cease trade order dated May 1, 2026 and the failure-to-file cease trade order dated June 30, 2026. With these cease trade orders revoked, trading in the company’s common shares is expected to resume, subject to TSX Venture Exchange policies.
New Zealand Energy Corp. (TSXV: NZ, OTC: NZERF) announced it has filed its first quarter financial statements for the three months ended March 31, 2026. The First Quarter Filings include unaudited condensed interim consolidated financial statements, related MD&A, and CEO/CFO certifications under National Instrument 52-109.
The documents were filed on July 10, 2026 under the company’s SEDAR+ profile. According to New Zealand Energy, all outstanding continuous disclosure filings are now up to date, and the company intends to seek revocation of the existing cease trade order from the British Columbia Securities Commission.
New Zealand Energy (OTC:NZERF) filed its audited annual consolidated financial statements and related disclosures for the year ended December 31, 2025 on SEDAR+ on June 30, 2026.
The British Columbia Securities Commission issued a cease trade order that day due to the prior filing delay. The company plans to file its Q1 2026 disclosures within five business days and intends to seek revocation of the order.
New Zealand Energy (OTC:NZERF, TSXV:NZ) gave a corporate update on delayed 2025 annual disclosure filings and a management cease trade order. The company expects to file the annual documents by July 8, 2026 and will file Q1 2026 results within five business days after.
New Zealand Energy (OTC:NZERF, TSXV:NZ) provided a corporate update on delayed 2025 annual filings subject to a management cease trade order by the British Columbia Securities Commission. Work with its independent reserves evaluator and external auditors continues, and the company now expects to complete the Annual Filings before June 29, 2026.
The revised timing reflects ongoing asset impairment analysis, including valuation work for the Tariki gas storage business, and related audit procedures. First-quarter 2026 financial statements and certifications are expected within five business days after the Annual Filings. The company reports no additional specified defaults or undisclosed material information.
New Zealand Energy Corp (OTC:NZERF, TSXV:NZ) issued a corporate update on delayed 2025 annual filings and a management cease trade order. The company continues working with its reserves evaluator and auditors and now expects to file the annual disclosure documents before June 14, 2026.
The delay is mainly linked to completing asset impairment analysis and valuation of the Tariki gas storage business. First quarter 2026 filings will be submitted within five business days after the annual filings. The company reports no other undisclosed material changes or additional anticipated defaults.
New Zealand Energy (OTC:NZERF) reported a five-year extension of the PML 38138 (Tariki) petroleum mining licence in New Zealand to July 20, 2031. The Tariki joint venture has begun artificial lift at the Tariki-5A well, restarted gas production, and is targeting stabilized gas flows by January 20, 2028.
The company views the extension as enhancing long-term development and gas-storage plans. It also announced director Frank Jacobs resigned for personal reasons. Work continues under a management cease trade order to complete delayed 2025 annual filings, with bi-weekly updates under NP 12-203.