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NZ – New Zealand Energy Corp

Compliant

★★☆☆☆

New Zealand Energy Corp is Shariah compliant. The company’s financials pass two standards and fail in three.

$2,084,019

Market cap

111.22%

Revenue Growth

-

Analysts' Rating

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N/A

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

New Zealand Energy Corp. is a New Zealand-based company, which is engaged in the exploration, appraisal, development and production of oil and natural gas, as well as the operation of midstream assets in New Zealand. The Company’s property portfolio covers producing fields, undeveloped discoveries, attractive exploration prospects for both gas and oil and a depleted gas field for gas storage, all in the Taranaki Basin. It has three producing fields with in-field optimization and development activity ongoing in each, two fields under appraisal, one field being matured for possible commercial gas storage. The Company’s mid-stream operations facility at Waihapa. Processing, storing and transporting oil, gas and water, and operations support for nearby gas facilities, liquefied petroleum gas (LPG) storage facility, ideally situated close to LPG producers and markets to the south.

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