NZ Oil & Gas (NZO)

[fish]

Hope all is good up there in Taranaki with that quake just now - would have been felt over half the country I think.

Hopefully its had a fracking effect .

[Monkey Poms]

From Utilico web site.

UTILICO INVESTMENTS LIMITED
ICM
May 2012
ABOUT US: Utilico Investments Limited is a Bermuda registered closed end investment company, listed on the London Stock Exchange. Registered No. 39480
OBJECTIVE: To maximise shareholder returns by identifying and investing in investments where the underlying value is not reflected in the market price.
INVESTMENT APPROACH: To seek to invest in undervalued investments. This perceived undervaluation may arise from any number of factors, including technological, market motivation, prospective financial engineering opportunities, competition or shareholder apathy. The company has the flexibility to make investments in a wide range of sectors and markets.
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Looks like Utilico have identified NZOG shareholder apathy,they are filling their pockets with undervalued shares.
Disclosure: i am also a long term mushroom.

 M P.

[bermuda]

From Utilico web site.

UTILICO INVESTMENTS LIMITED
ICM
May 2012
ABOUT US: Utilico Investments Limited is a Bermuda registered closed end investment company, listed on the London Stock Exchange. Registered No. 39480
OBJECTIVE: To maximise shareholder returns by identifying and investing in investments where the underlying value is not reflected in the market price.
INVESTMENT APPROACH: To seek to invest in undervalued investments. This perceived undervaluation may arise from any number of factors, including technological, market motivation, prospective financial engineering opportunities, competition or shareholder apathy. The company has the flexibility to make investments in a wide range of sectors and markets.
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Looks like Utilico have identified NZOG shareholder apathy,they are filling their pockets with undervalued shares.
Disclosure: i am also a long term mushroom.

 M P.

Just the loved the Utilico - Bermuda reference.
Stay onside. It is still climbing. As Phaedrus used to say Never sell in a climbing market.
Cheers
Bermuda

[brucey09]

Snr. Robert
Did earthquake by the capitol affecting oil rate with pressures?

[Lizard]

Hopefully its had a fracking effect .

Yes, when I saw the location, I thought that would set off the anti-fracking brigade... fortunately not as damaging as it felt, but must have been almost directly under Maari field.

[h2so4]

Seen the price of gas in America?

Switch over to alternative already well underway.

Should not impact on NZO though as Utilico will now underpin share price.

Mushrooms & Noggers, REJOICE! Thy salvation is upon thee!

NZOG is not just a oil company, although that is what it's ticker implies. Last time I looked NZO had $300m in P2 gas reserves.

[Balance]

Just the loved the Utilico - Bermuda reference.
Stay onside. It is still climbing. As Phaedrus used to say Never sell in a climbing market.
Cheers
Bermuda

Oh o - me thinkth time to sell out now that Bermuda, who has been one of the biggest cheerleaders, silent for so long especially after Pike blew up, resurfaces.

[dsurf]

Glad your over your flu balance

[BigBob]

NZOG (New Zealand Oil & Gas Ltd) advises that Corporate Affairs Manager Chris Roberts is leaving the company today to take up a role from next week as General Manager Corporate Affairs with Tourism New Zealand.

NZOG Chief Executive Andrew Knight said Mr Roberts had been a valuable member of the NZOG team.

“Chris has made a tremendous contribution since joining NZOG in September 2007 and we wish him every success in his new role”.

A recruitment process is now underway for an External Relations Manager. Acting Chief Financial Officer Andre Gaylard will pick up Investor Relations responsibilities.

[Xerof]

I think balance should apply....