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Investment
4 mins to read

Echelon waiting for opportunities in New Zealand's gas market

The former NZ Oil & Gas delisted from the NZX but is still interested in the local market.

Production station at the Kupe gas field.

Lachlan Colquhoun Fri, 07 Feb 2025

The fortunes of the Kupe gas field off Taranaki last year illustrate some of the recent frustrations of New Zealand’s gas industry.

ASX-listed Beach Energy, which owns 50% of the field, wrote off between $125m to $135.9m on the value of the asset after its drilling program was unsuccessful. Beach

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Lachlan Colquhoun Fri, 07 Feb 2025
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Taranaki coal gas New Zealand Oil & Gas Kupe gas field gas exploration New Zealand Energy Corporation
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Company profile
Powered by: asx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Underarm
4

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Beehive Banter

Woke police, charter schools, offshore gas, boosting trade
Australia

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Hunter’s Corner
12

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3

Vector hands over Taranaki gas assets to Todd
Echelon waiting for opportunities in New Zealand's gas market
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