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New Zealand Energy Begins Gas Production at Tariki-5A

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New Zealand Energy Begins Gas Production at Tariki-5A

New Zealand Energy (TSE:NZ) has released an update.

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New Zealand Energy Corp. has commenced gas sales from its Tariki-5A well, marking a significant milestone in its 2024 project agenda. The well, which has shown promising initial flow rates, is part of the company’s plan to redevelop the Tariki field into a major energy asset. This development sets the stage for future evaluations and redevelopments of other assets in 2025.

For further insights into TSE:NZ stock, check out TipRanks’ Stock Analysis page.

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