New Zealand Energy reactivates oil production from six wells on newly acquired TWN licenses (Scandinavian Oil-Gas Magazine)

New Zealand Energy reactivates oil production from six wells on newly acquired TWN licenses

Published Dec 3, 2013

New Zealand Energy Corp. announce that six wells on the TWN Licenses have been reactivated and are currently flowing into the Waihapa Production Station.

New Zealand Energy Corp., through its subsidiaries (collectively "NZEC" or the "Company"), holds a 50% interest in the TWN Licenses, with L&M Energy and its related entities (collectively "L&M") holding the other 50%. NZEC and L&M have formed the TWN Joint Arrangement ("TWN JA"), with NZEC as the operator, to explore and develop the TWN Licenses and operate the Waihapa Production Station and associated infrastructure.

Tags: New Zealand Energy Corp.

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