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New Zealand Energy ( (TSE:NZ) ) has provided an update.
New Zealand Energy Corp. reported a comprehensive loss for the second quarter of 2025, but highlighted successful developments in its Copper Moki and Waihapa Ngaere production sites. The recommencement of production at Copper Moki and the successful pipeline recommissioning at Waihapa Ngaere have improved production rates, with plans to address system bottlenecks for continuous oil transportation. These developments are expected to enhance the company’s operational efficiency and market positioning.
More about New Zealand Energy
New Zealand Energy Corp. operates in the energy sector, focusing on oil and gas production. The company is involved in projects such as the Copper Moki and Waihapa Ngaere, working in partnership with other energy firms to enhance production capabilities.
Average Trading Volume: 43,798
Technical Sentiment Signal: Sell
Current Market Cap: C$11.89M
Learn more about NZ stock on TipRanks’ Stock Analysis page.