NZ Oil & Gas (NZO)

[Sideshow Bob]

If this is true; NZO are breaching the NZX Corporate Governance Code and could (should) face action.

Received emails from NZO via Computershare on 10/7, 2/9, 10/9, 9/10 and 29/10. Nothing since then.

Logged into Computershare and all correspondence is electronic. Can't find anything re a director vote.

[Fabs37]

Just voted online for Brian, and voted against Rod.



Hopefully given the recent public statements from Beach Energy and Cue regarding the chances of success with Ironbark, the Takeover Panels will take a long hard look at the statements made by the NZO directors, and call them to account.

Yes -TAKEOVER PANEL?
About as Inept as Independent Directors and equally devoid of Objective Judgement.
Not worth a tin of fish.
Exonerated the Co. more than a month ago of Shifty practices.

[RTM]

Received emails from NZO via Computershare on 10/7, 2/9, 10/9, 9/10 and 29/10. Nothing since then.

Logged into Computershare and all correspondence is electronic. Can't find anything re a director vote.

Agree. I found it not intuitive to find out where to vote. I succeeded, but can’t guide you. I went into the help and searched for “voting”. And when I came out of that, there it was, so I voted Wasn’t easy to find at all.

[blackcap]

Apologies to NZO. Just found the notice of meeting sent to me via email from New Zealand Oil and Gas on the 14th November.

[blackcap]

I know that Brian and Samantha have both been working hard behind the scenes meeting with stakeholders and other minority investors.
I am going to vote for both Brian and Samantha (and against Ritchie) – and suggest everyone does the same. We need to replace both current so-called Independent Directors and so it will be good to send a strong signal of who our choices are. I think these two will work well together for our interests.

[rooster]

Agree. I found it not intuitive to find out where to vote. I succeeded, but can’t guide you. I went into the help and searched for “voting”. And when I came out of that, there it was, so I voted Wasn’t easy to find at all.

If you log on to computer share there will be a general alert notification. This will be the NZO AGM vote. I could not find any link or reference to it when I clicked on the NZO holding in my computer share registry.

Have voted against Rod and in favour of the other two as well.

[Vaygor1]

Agree. I found it not intuitive to find out where to vote. I succeeded, but can’t guide you. I went into the help and searched for “voting”. And when I came out of that, there it was, so I voted Wasn’t easy to find at all.

I agree entirely. It was not intuitive at all. Very poor of ComputerShare really. I went in 3 times to try and find it, and eventually did only because (thanks to this thread) I knew it had to be there somewhere. Certainly was not linked to from within the section detailing my NZO holding.

Regarding Director resolutions, my votes:

Rod - AGAINST
Brian - FOR
Samantha - FOR

[Grimy]

I also got my email from NZO on the 14th of November about the meeting, with all the links for information and voting.

[digger]

OK got my vote in for Brian. It's a protest vote as only an act of parliament will get it past OGOG.
Still as many as possible should vote as they see fit.

[mistaTea]

OK got my vote in for Brian. It's a protest vote as only an act of parliament will get it past OGOG.
Still as many as possible should vote as they see fit.

Have voted along the same lines as you digger. I want as many votes for Brian as possible to formalise our feelings regarding the way we have been treated.

Beyond that, and once OGOG re-elect Rod to the Board...the focus needs to shift to a constructive dialogue between minority shareholders and OGOG.

Ultimately, we want a positive outcome for all long-term. So, for what it's worth, I don't see any value continuing to read management the Riot Act at the AGM as some activist shareholders intend to do.