New Zealand Energy (TSE:NZ) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
New Zealand Energy Corp. is gearing up for the drilling operations of the Tariki-5 project, aimed at easing New Zealand’s domestic gas shortage. They have finalized agreements for gas handling with Cheal Petroleum and sales with Genesis Energy, ensuring an infrastructure ready for immediate production post drilling, expected to commence on 23 September 2024.
For further insights into TSE:NZ stock, check out TipRanks’ Stock Analysis page.