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Z may not need to raise $185m to help pay for the $785m Chevron purchase

Both Z Energy itself and the Chevron assets are performing ahead of expectations so Z may not need to raise equity to complete the purchase.

Jenny Ruth
Fri, 06 Nov 2015

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Z Energy [NZX: ZEL] may not need to raise as much as $185 million in fresh equity to finance its $785 million purchase of the Chevron assets.

That’s because both Z and the Chevron assets are performing

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Jenny Ruth
Fri, 06 Nov 2015
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Z may not need to raise $185m to help pay for the $785m Chevron purchase
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