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NZ New Zealand Energy Corp

0.70
-0.45 (-39.13%)
02 May 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
  -0.45 -39.13% 0.70 0.71 0.75 0.90 0.70 0.83 90,073 20:49:57

New Zealand Energy Announces Change to Senior Management Team

20/12/2013 11:00am

Marketwired Canada


New Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) ("NZEC" or the "Company")
today announced that Chris Bush will be leaving his position as New Zealand
Country Manager effective December 20, 2013.


Chris joined the Company in October 2012 and played a critical role, providing
oversight of all in-country activities and establishing sophisticated policies
and systems that have greatly enhanced the Company's corporate governance and
operational procedures. This allowed the Company's CEO and other key executives
to focus their energy on completing the protracted TWN acquisition. During this
period, the Company recruited a number of industry professionals to fill key
positions in the Company. With the TWN acquisition complete, NZEC's Board of
Directors has determined that the senior team in New Zealand has the skill set
required to execute the Company's business plan under the oversight of John
Proust, NZEC's Chief Executive Officer and Director.


"On behalf of NZEC's Board of Directors and employees, I would like to thank
Chris Bush for his significant contributions to NZEC," said John Proust, Chief
Executive Officer and Director of NZEC. "Chris' skill set and focus on
governance, health and safety and operating procedures has created a corporate
structure and culture that will serve us well as the Company continues to grow.
We wish Chris well in his future endeavours."


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.  


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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