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An announcement from New Zealand Oil & Gas Limited ( (AU:ECH) ) is now available.
Echelon Resources Limited reported a strong financial performance in 2025, with significant increases in cashflow, NPAT, and production. The company’s geographically diverse portfolio, spanning Australia, Indonesia, and New Zealand, continues to offer growth opportunities. Echelon is advancing its exploration and production activities, particularly focusing on the Amadeus Basin and the promising EP145 permit. The company is strategically positioned to meet growing energy demands in Central Australia, driven by mining, LNG exports, and industrial needs, while maintaining its commitment to a low-carbon future.
More about New Zealand Oil & Gas Limited
Echelon Resources Limited, trading as Echelon, is an Australasia-focused energy commodity exploration and production company headquartered in Wellington, New Zealand. The company is committed to ethical and values-based development and exploration activities, maintaining strong ESG standards. Its portfolio includes a mix of wholly and partly owned onshore and offshore oil assets.
YTD Price Performance: 6.48%
Average Trading Volume: 18,590
Technical Sentiment Signal: Sell
Current Market Cap: A$77.26M
See more insights into ECH stock on TipRanks’ Stock Analysis page.