New Zealand Energy (TSE:NZ) has released an update.
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New Zealand Energy Corp. has begun drilling operations for the Tariki-5 gas development well, with completion of drilling expected by October 26, 2024, and full production tie-in scheduled for November 14, 2024. The company’s joint venture with L&M Energy Limited is progressing as planned, with all necessary arrangements for gas transport and delivery to Genesis Energy already in place.
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