On chasing elephants and crumbs at NZ Oil & Gas
New Zealand Oil & Gas chairman Rodger Finlay says his company will focus on getting the best out of its existing assets as well as pursuing much riskier ventures such as its Barque prospect.
Jenny Ruth
Fri, 28 Oct 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
A former New Zealand Oil & Gas director has advised the company to pursue cheaper-to-develop and more likely to succeed “crumbs,” such as extending its producing Kupe field, rather than chasing inherently riskier projects such as its Barque prospect.
The company is sitting on $97 million in cash
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Jenny Ruth
Fri, 28 Oct 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.