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Hot Topic EARNINGS
Hot Topic EARNINGS
General Business
1 mins to read

'Bugger' - no show from big gas prospect

NZ Oil & Gas shares slump after no gas found at Ironbark.

NBR staff
Mon, 04 Jan 2021

Hopes of a huge gas discovery off Western Australia have been dashed, at least for the time being, after an exploratory well found no significant hydrocarbons just after Christmas.

NZX-listed NZ Oil & Gas owns 15% of the Carnarvon Basin Ironbark prospect directly and has a further 10.7% share

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NBR staff
Mon, 04 Jan 2021
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'Bugger' - no show from big gas prospect
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