Ex-oil company employee arrested over computer access

Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.

Launch Radio player

In a rare trade secrets allegation, a 41-year-old former Tag Oil employee has pleaded not guilty to accessing a computer without authorisation.

Susan Hughes QC confirmed her New Plymouth-based client, who now works for rival company New Zealand Energy Corporation, appeared in court on Wednesday.

He will reappear on January 8.

Tag Oil complained to police earlier this year alleging the man had taken trade secrets.

However, instead of being charged under section 230 of the Crimes Act, police have used the less severe section 252.

The man faces a possible prison jail term of up to two years if found guilty of accessing a computer without authorisation.

Tag and NZEC are listed in Canada and the companies operate in Taranaki's fiercely-competitive oil and gas industry.

dwilliams@nbr.co.nz


This article is tagged with the following keywords. Find out more about MyNBR Tags

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7445 0.0009 0.12%
AUD 0.9832 0.0051 0.52%
EUR 0.6914 0.0007 0.10%
GBP 0.5021 0.0005 0.10%
HKD 5.7732 0.0076 0.13%
JPY 89.1330 0.1910 0.21%

Commods

Commodity Price Change Time
Gold Index 1208.0 24.740 2015-04-01T00:
Oil Brent 58.2 2.590 2015-04-01T00:
Oil Nymex 50.0 4.030 2015-04-01T00:
Silver Index 17.1 0.462 2015-04-01T00:

Indices

Symbol Open High Last %
NZX 50 5835.6 5835.6 5835.6 -0.11%
NASDAQ 4894.4 4899.4 4900.9 -0.42%
DAX 11902.9 12113.0 11966.2 0.29%
DJI 17778.5 17778.5 17776.1 -0.44%
FTSE 6773.0 6856.4 6773.0 0.54%
HKSE 25214.3 25223.6 25082.8 0.42%
NI225 19141.9 19331.3 19034.8 1.27%