Summary
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New Zealand Energy Corp. (NZ) FAQ
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New Zealand Energy Corp. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Toby Robert Pierce CEO | NEO-L Exchange | - ISIN |
| NZ Country | 6 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
New Zealand Energy Corp. (NZEC), established in 2010 and headquartered in New Plymouth, New Zealand, is a dynamic enterprise engaged in the exploration and production of oil and natural gas within the scenic landscapes of New Zealand. The company, along with its subsidiaries, thoroughly explores the potential within its diverse portfolio that includes three petroleum mining licenses, a petroleum mining permit, and a petroleum exploration permit. NZEC's operational approach and strategic management aim at tapping into the rich natural resources of New Zealand, contributing significantly to the energy sector.
Products and Services
- Petroleum Mining Licenses
NZEC holds significant interests in three petroleum mining licenses, focusing on the Waihapa/Ngaere and Tariki areas. These licenses allow the company to explore, extract, and produce oil and natural gas from these fields, utilizing state-of-the-art technology and sustainable practices to ensure efficient resource extraction.
- Petroleum Mining Permit
The company is also the proprietor of the Copper Moki petroleum mining permit. This permit grants NZEC the right to further explore and develop the Copper Moki site, underlining the company’s capability in increasing its resource base and ensuring the continuous production of oil and natural gas.
- Petroleum Exploration Permit
In addition to its mining licenses and permits, NZEC holds an exploration permit for the Eltham area. This permit highlights NZEC’s commitment to exploration and discovery, allowing the company to search for new resources, ensuring the sustainability and expansion of its operations in the future.
- Midstream Assets Operation
NZEC’s involvement doesn’t end at extraction; the company also operates midstream assets. This aspect of their operations includes the management and maintenance of infrastructure necessary for the storage, processing, and transportation of oil and natural gas, representing a comprehensive approach to energy production and distribution.
