NZ Oil & Gas (NZO)

[sideline]

What writedowns? Don't they mean rights issues? Really, it must be the anti-fossil fuel attitude.

What a wonderful result today!

The writedowns have been previously flagged and relate to the change in the transport route - some moneys
already spent on or committed on the old sea-route. Approximately 1.7m.

RNZ obviously kept that info at hand (or dug it up again) in case NZO share price rises.

Some reporters want to quickly buy some shares at the old price???

[neopole]

this now looks like a company that will attract the mums and dads investor back and hopefully new investors as well.
a 5c divi is a fantastic reward and hopefully the first of many, and still leaves monies for company growth.
this was the day i was waiting for.... seeing a spec company turn into a mainstream divi paying company that is still at the beginning of its expansion.
this has to be the number 1 company on the NZX for growth and reward potential today.

[Sehnsucht888]

NZ Herald at least is mentioning the dividend..

http://www.nzherald.co.nz/section/3/...ectid=10494920

Earnings from the Tui oilfield have lifted New Zealand Oil and Gas' (NZOG) half year net profit to $41.4 million from $500,000 a year earlier.

Revenue for the six months to the end of December was $95.5 million from $92,000 in the previous corresponding period.

A fully imputed dividend for the 2007/08 financial year of 5 cents per share will be paid, recognising an outstanding period and provides shareholders with an immediate share of that success, NZOG said today.

---
Hopefully in the news tonight and tomorrow to get some more interest..

[Billy Boy]

The midday TV1 news didn't even mention it, even the woman at sharebrokers they crossed to, didn't say a word.

I used to go off at reporters until I found it was not them.
It's the bloody EDITORS. They change reporters writings and they dont
care if all is missleading after that. Sell the story, that's all that matters.
An editors motto :- Never let facts or truth's get in the way of a good
story.
I remember when NZTV1 told the nation Quote " NZOG, all Australian coy
Prospecting of the Etc.....
I along with others E-mailed TV1 and pointed out the NOG was a NZ Coy.
Reply " You are wrong sir, we at TVnz are very proud of our research team. I may assure you, our news items are always checked and
rechecked for accuracy etc etc.
Yea right !!!
BB

[Lion]

No comment needed really, eh Ned?!

[remy]

nice little surprise when i went online , up 6c woop woop keep on going up nzo

[shasta]

nice little surprise when i went online , up 6c woop woop keep on going up nzo

Ok time for those who like myself sold out a tad early, to fess up!

Nice ann out today, & wishing i'd held now.

Well done NZO.

Now to get Pike up & running & i'll be back in

[Hoop]

Ok time for those who like myself sold out a tad early, to fess up!

Nice ann out today, & wishing i'd held now.

Well done NZO.

Now to get Pike up & running & i'll be back in

Shasta... you are not alone ..I sold down a major proportion of my holdings over the last couple of months for a reasonable profit..my last sale being 19th feb for 116c.

Congratuations to all who stuck with NZO thru thick & thin.

[Balance]

Lovely ....simply beautiful! I love it!

[shasta]

Lovely ....simply beautiful! I love it!

C'mon Balance even you should be applauding NZO for such a great result..

Reserve upgrades, higher POO, new management, increased exploration plans for 2009, a dividend to be paid, active drill program what else do you want?

Even your favourite WPL has disappointed with there results!