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Hot Topic Budget 25
Hot Topic Budget 25
General Business
2 mins to read

Dry well at Ironbark drives loss for NZ Oil & Gas

Future of exploration ‘outside New Zealand’ says CEO.

Tim Hunter Fri, 26 Feb 2021

An unsuccessful search for a huge gas field off Western Australia has forced NZ Oil & Gas into a $42.3 million loss for the half year to December.

On December 29, the company reported that drilling at the Ironbark prospect in the North Carnarvon Basin, 26% owned by NZ Oil & Gas, had found no

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Tim Hunter Fri, 26 Feb 2021
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Dry well at Ironbark drives loss for NZ Oil & Gas
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