New Zealand Oil & Gas Limited

06/24/2021 | Press release | Distributed by Public on 06/23/2021 17:05

CEO Address to Special Meeting Of Shareholders

Posted by Default Admin on 24 June 2021

Ladies and gentlemen,

One of our major strengths as a business is our expertise in evaluating assets.

The excellence of your company's staff has added value for you in the past, such as when we were able to motivate our partners to agree to development projects at Kupe.

Confidence in our assessment of resource volumes, provides confidence in the value of assets.

This means we don't pay too much for assets that come to market. It also provides confidence in our assessment of the financing requirements and returns.

The evaluations for each of the assets in this transaction are set out in the Notice of Meeting.