PPP 0.00% 3.7¢ pan pacific petroleum nl

from ss, page-2

  1. 822 Posts.
    Yes I was pretty excited to see that too, but NZO posted a correction afterwards....

    NZO
    19/07/2007
    GENERAL

    REL: 1207 HRS New Zealand Oil and Gas Limited

    GENERAL: NZO: NZOG MARKET RELEASE

    New Zealand Oil & Gas Limited (NZOG) wishes to clarify points raised in an
    article which appeared in this morning's Christchurch Press.

    The article references the Tui oil field development as potentially producing
    60 million barrels of oil. The reference to 60 million barrels should have
    referred to the Hector exploration prospect. This prospect, which is about to
    be drilled, is estimated by NZOG to contain up to 60 million barrels of oil
    recoverable. The Tui oil fields are estimated to contain 27.9 million barrels
    of oil recoverable.

    The article is headlined "NZOG could reduce stake in Pike River Coal". NZOG
    wishes to emphasise that it is committed to Pike River Coal Limited (PRCL)
    including future support by way of further funding to ensure that PRCL
    realises its full value by completing development of its Pike River Mine and
    achieving production expeditiously.
    End CA:00150967 For:NZO Type:GENERAL Time:2007-07-19:12:07:34
 
watchlist Created with Sketch. Add PPP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.