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Multi-million dollar Kupe deal poses some risk for Genesis

Increasing its stake in the Kupe oil and gas field has benefits and drawbacks. With special feature audio.  

Calida Smylie
Thu, 17 Nov 2016

Genesis Energy’s [NZX: GNE] plan to buy the Kupe oil and gas field is a relatively good one but does have its risks, an analyst says.

The country's biggest electricity retailer announced yesterday it will buy NZ Oil & Gas' [NZX:NZO] stake in Kupe, 30km off the Taranaki coast for $171 million,

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Calida Smylie
Thu, 17 Nov 2016
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Multi-million dollar Kupe deal poses some risk for Genesis
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