NZ Oil & Gas (NZO)

[zigzag]

Has anyone seen the quarterly report-not on nzog website yet

Read the NZX announcements. It's been available for a while.

[arjay]

is it possible that NZO was bluffing on the reserves to up the SP and number of investors but now has some BS excuse for not drilling because they 'think' other wells will be better? why in gods name would you give up this find because of some short term debt if it is true what tgey are saying? (I'm assuming this is the problem; either that or they have no cajones...)

It probably has less to do with Kakapo and more to do with NZO's enthusiasm over prspects. We've seen the Kakapo story several times before (Mangatoa and Ray prospects to name just two). Recall Mangatoa - it was touted as a huge 'overlooked' gas field that was also dropped after exhaustive efforts failed to find farm-in partners. I just hope Kakapo won't turn into another Maari (recall the Maari deposit was discovered and dropped by Petro-Taranaki to be picked up later as a bonanza for other companies).

[fish]

Read the NZX announcements. It's been available for a while.

Thanks banksie and Zigzag.
Have only just had time to quickly look at it-on the surface looks good .
Kupe looks very productive-and should continue to be for many years-good that its unmaned.

[zigzag]

It probably has less to do with Kakapo and more to do with NZO's enthusiasm over prspects. We've seen the Kakapo story several times before (Mangatoa and Ray prospects to name just two). Recall Mangatoa - it was touted as a huge 'overlooked' gas field that was also dropped after exhaustive efforts failed to find farm-in partners. I just hope Kakapo won't turn into another Maari (recall the Maari deposit was discovered and dropped by Petro-Taranaki to be picked up later as a bonanza for other companies).

They also passed on Goldie and Cheal. I think Greymouth ended up with Goldie, and Tag got Cheal. But the only people who "touted" Mangatoa were the media and headline writers. Sure, NZO promoted it, but they always said it was a very tight formation, and was going to difficult/expensive to commercialise. In the end they decided, sensibly, not to pursue it.

[Tyro]

Unbalanced, why don't you get a life and let us getr on with managing our profitable investments.

[zigzag]

ah, TAG, know there's a company to invest in for NZ!

What's so good about it? It's a Canadian company, and their share price has tanked lately, as in really tanked. Even worse than your good mates at SNK.

[Balance]

Unbalanced, why don't you get a life and let us getr on with managing our profitable investments.

http://www.sharetrader.co.nz/showthr...-(GPG)/page219

Eat your nogging heart out

[arjay]

http://www.sharetrader.co.nz/showthr...-(GPG)/page219

Eat your nogging heart out

OK GPG down 1.8%, NZO up 0.6% - what's your point?

[fish]

OK GPG down 1.8%, NZO up 0.6% - what's your point?

Always thought too many pigs in the trough at gpg so never been interested .
Getting back to nzo I presume the rise is because the quarterly report has gone down well.
Did anyone go to the meeting with Andrew Knight today-if so was much learned?

[Balance]

OK GPG down 1.8%, NZO up 0.6% - what's your point?

http://www.sharetrader.co.nz/showthr...-(GPG)/page218

Belgarion just about picked the bottom and upswing bang on from 5 June - sp was 43 cents, now 54 cents = 25.5% gain.

During that time, NZOG has gone?