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. 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) 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.
New Zealand Energy Corp (TSXV: NZ) has completed a non-brokered private placement, issuing 15,103,556 common shares at C$0.18 per share, raising gross proceeds of C$2,718,640. The company also settled a C$300,000 debt with Charlestown Energy Partners through issuing 1,666,667 shares and completed a 1,000,000 share issuance to Vliet Financing to terminate an outstanding loan.
The proceeds will fund the Tariki gas storage project, terminate the C$2,000,000 Vliet loan (plus interest) with a C$500,000 cash payment, and provide working capital. Notable participants include company directors Robert Bose (Charlestown principal), Frank Jacobs (Vliet controller), Bill Treuren, and Toby Pierce. All issued shares are subject to a hold period until November 19, 2025.
New Zealand Energy Corp. (TSXV: NZ) has announced updates regarding its previously disclosed non-brokered private placement and debt settlements. The company is proceeding with a private placement offering of common shares at C$0.18 per share to raise up to C$3,000,000.
As part of the transaction, Charlestown Energy Partners, LLC will convert its C$300,000 short-term loan into 1,666,667 common shares. Additionally, NZEC plans to issue 1,000,000 common shares to Vliet Financing B.V. at C$0.18 per share to terminate an outstanding loan. Both transactions are subject to TSX Venture Exchange approval and qualify as related party transactions.
New Zealand Energy Corp. (TSXV: NZ) has announced a non-brokered private placement offering of common shares at C$0.18 per share to raise up to C$3,000,000. The proceeds will fund the Tariki gas storage project and terminate an outstanding loan from Vliet Financing B.V., a company controlled by NZEC's Chairman Frank Jacobs.
Additionally, the company appointed Toby Pierce as a new director. Pierce brings significant experience as the former CEO of TAG Oil Ltd. and current CEO of Somerset Energy Partners, with over 28 years of geological and financial expertise in the resource sector.
The first tranche of the offering is expected to close around July 11, 2025, subject to regulatory approvals. Several significant shareholders have indicated their participation in the offering.
New Zealand Energy Corp. (TSXV: NZ, OTCQB: NZERF) has reported progress on two key projects: the Copper Moki workovers and Tariki Gas Storage development. The Copper Moki-2 well was successfully recompleted on June 20, 2025, achieving production rates of 48 to 60 barrels of oil per day during testing. Workover operations on Copper Moki-1 began on June 26, 2025, with completion expected by July 6, 2025.
For the Tariki Gas Storage Project, the company is conducting structural remapping using Prestack Depth Migrated (PSDM) dataset and has completed dynamic reservoir modeling. The modeling suggests that gas-lift operations for up to three weeks should be sufficient to restart gas production from the Tariki-5A well. The company plans to begin well and facility engineering activities in Q3 2025, with gas storage capacity studies and facility development concept studies scheduled for completion in August 2025.
[ "Copper Moki-2 well successfully restored to production with 48-60 barrels of oil per day", "Gas-lift modeling confirms potential to re-establish gas production at Tariki-5A well", "Gas storage development studies progressing on schedule for August 2025 completion" ]New Zealand Energy Corp. (TSXV: NZ) announces the revocation of its cease trade order effective June 4, 2025, with trading expected to resume on June 27, 2025. The company secured short-term loans totaling C$482,000 from related parties Charlestown Energy Partners and Vliet Financing BV at 15% interest, due August 27, 2025.
The company faces a working capital deficiency of C$4,013,465, including a C$2.7M loan that can be terminated for C$500,000 and 1M common shares. If payment isn't made by July 31, 2025, the loan's maturity extends to September 20, 2026. To address the remaining C$1.3M deficiency, NZEC plans a private placement and aims to restore positive cash flow based on Q1 and Q2 2025 production activities.