. 1. NZO has not only survived 26 years but is now poised to deliver annual revenues in excess of NZ100 million per annum for at least 10 years-possibly 20 years plus.
2. It has developed 3 international projects one of which is producing revenues well in excess of that forecast
3.The Tui project was completed in record time and well beow the costs it could have incurred if the company had not had the foresight to negotiate rig rates well in advance .
4. The Chairman at the 2006 AGM forecast oil prices at $US90 by October 2007. The price today is $US94 per barrel
5.With the US dollar under enormous pressure the price of oil will remain high and go higher.
6.If one reads Kenneth Defreyes "Feedback Loops" and Matt Simmons "Twilight in the Desert" and William Clarks 53 page report on Petrodollarwarfare ( see
www.petrodollarwarfare.com ) then you will realise that there are some serious oil price hikes ahead