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NZ New Zealand Energy Corp

0.75
0.10 (15.38%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
New Zealand Energy Corp TSXV:NZ TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 15.38% 0.75 0.66 0.94 0.75 0.74 0.74 1,500 21:12:18

David Robinson Joins New Zealand Energy Corp. as a Director and as CEO of the New Zealand Business

19/02/2014 11:00am

Marketwired Canada


New Zealand Energy Corp. ("NZEC" or the "Company") (TSX VENTURE:NZ)(OTCQX:NZERF)
is pleased to announce that Mr. David Robinson is joining the Company's Board of
Directors, and has been hired in the new position of Chief Executive Officer of
the Company's New Zealand business. Mr. Robinson will join the Board of
Directors on March 31, 2014, and will commence his employment with NZEC on May
19, 2014.


Mr. Robinson has been CEO of the Petroleum Exploration and Production
Association of New Zealand ("PEPANZ") since December 2012. As CEO of PEPANZ, Mr.
Robinson made a significant contribution to New Zealand's oil and gas industry,
managing key stakeholder relationships to ensure New Zealand's natural resources
can be developed profitably and responsibly for the benefit of industry
participants and all New Zealanders. Representing the interests of oil and gas
producers, explorers and service companies, Mr. Robinson contributed to the
development of government policies and legislation and was a strong advocate in
all areas of policy, media and external relations. Prior to joining PEPANZ, Mr.
Robinson was Commercial General Manager for Z Energy, was a Director of Shell
New Zealand, and held a number of senior downstream commercial positions with
Shell both within New Zealand and overseas. 


"David Robinson's knowledge and skill set, his reputation for honesty and
integrity, and his relationships in the New Zealand oil and gas industry are
unparalleled," said John Proust, Chief Executive Officer and Director of NZEC.
"David will be on the ground in New Zealand, overseeing day-to-day operations of
NZEC's assets and building on the strategic relationships that we have developed
with our community partners and industry leaders. 


"David's decision to join NZEC is a strong endorsement of the Company's assets
and business model," continued Mr. Proust, "and his strategic leadership and
vision are the ideal fit to lead NZEC into the future. On behalf of NZEC's
employees and Directors, I welcome David to the Company and look forward to
working with him."


"I am excited to take on a leadership role in a company that will be at the
forefront of New Zealand's growing oil and gas industry," said David Robinson.
"NZEC has already established a strong presence in New Zealand, with a diverse
portfolio of both upstream and midstream assets. I look forward to building on
NZEC's solid foundations and taking advantage of the many new opportunities this
role will bring."


On behalf of the Board of Directors

John Proust, Chief Executive Officer & Director 

About New Zealand Energy Corp.

NZEC is an oil and natural gas company engaged in the production, development
and exploration of petroleum and natural gas assets in New Zealand. NZEC's
property portfolio collectively covers approximately 1.97 million acres of
conventional and unconventional prospects in the Taranaki Basin and East Coast
Basin of New Zealand's North Island. The Company's management team has extensive
experience exploring and developing oil and natural gas fields in New Zealand
and Canada, and takes a multi-disciplinary approach to value creation with a
track record of successful discoveries. NZEC plans to add shareholder value by
executing a technically disciplined exploration and development program focused
on the onshore and offshore oil and natural gas resources in the politically and
fiscally stable country of New Zealand. NZEC is listed on the TSX Venture
Exchange under the symbol NZ and on the OTCQX International under the symbol
NZERF. More information is available at www.newzealandenergy.com or by emailing
info@newzealandenergy.com.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as such
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 


This document contains certain forward-looking information and forward-looking
statements within the meaning of applicable securities legislation (collectively
"forward-looking statements"). The use of the word "will", "build", and similar
expressions are intended to identify forward-looking statements. These
statements involve known and unknown risks, uncertainties and other factors that
may cause actual results or events to differ materially from those anticipated
in such forward-looking statements. The Company believes the expectations
reflected in those forward-looking statements are reasonable, but no assurance
can be given that these expectations will prove to be correct. Actual results
could differ materially from those anticipated in these forward-looking
statements. The forward-looking statements contained in the document are
expressly qualified by this cautionary statement. These statements speak only as
of the date of this document and the Company does not undertake to update any
forward-looking statements that are contained in this document, except in
accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
New Zealand Energy Corp.
John Proust
Chief Executive Officer & Director
North American toll-free: 1-855-630-8997


New Zealand Energy Corp.
Bruce McIntyre
Acting General Manager Exploration & Director
North American toll-free: 1-855-630-8997


New Zealand Energy Corp.
Rhylin Bailie
Vice President Communications & Investor Relations
North American toll-free: 1-855-630-8997
info@newzealandenergy.com
www.newzealandenergy.com

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