NZOG: higher Kupe reserves could mean dividend payments
Kupe's oil reserves increase.
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The 35% increase in reserves in the Kupe oil and gas field off Taranaki is another reason for New Zealand Oil & Gas [NZX: NZO] to consider the resumption of dividends, chief executive Andrew Knight says.
Yesterday, the company, which owns 15% of Kupe, said reserves have increased from 4.2 million
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Jenny Ruth
Thu, 29 Oct 2015
Thu, 29 Oct 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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NZOG: higher Kupe reserves could mean dividend payments
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