I wee pull back to test support at the previous resistance level at 79 is healthy from a TA point of view, so no need to press the eject button just yet....
Printable View
http://www.nzherald.co.nz/business/n...ectid=10820247
It is said that it could take several years before any activities could take place.....thats gonna be a long time.
Well, looks like your wish has been granted, lets see what happens next.
1.4m shares traded today in nz - that seems a lot for them
M
Hopefully we will get some final quarter reports from nzo and ppp today
National news just announced nzo has $209m in cash -kupe gas and genesis contract a goldmine
also confirmed a likely 6cent dividend plus full imputation credits
It is all here
http://www.nzog.com/latestnews
Dominion story today -
A consortium considering drilling for oil and gas in the Canterbury Basin has opted to return an exploration permit to the Crown.
In a statement New Zealand Oil & Gas said the risk profile of the Barque prospect was "too high" for it and partners Beach Petroleum and AWE New Zealand.
NZOG took over as operator of Barque earlier this year and has previously said it was promoting the drilling contract to companies capable of undertaking a well in about 800m of water.
The permit stretches from about 15km offshore of Oamaru to about 25km northwest of Dunedin.
Earlier this month it was revealed that US exploration group Anadarko had deferred drilling in its Carrack-Caravel prospect, near the Barque prospect, until 2013/14.
http://www.stuff.co.nz/business/indu...pect-too-risky
maybe I can convince you guys into cue.asx instead