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NZOG "ridiculously low" after Tui

New Zealand Oil and Gas shares remain “ridiculously low”, chairman Tony Radford told shareholders at the company’s annual general meeting, as the company posted a September quarter revenue of NZ$29.5 million (US$23.4 million).

Bad news bird: Smaller reserves at the Tui project, in which NZOG holds 12.5%, did not help the company's share price, Tony Radford said.
Bad news bird: Smaller reserves at the Tui project, in which NZOG holds 12.5%, did not help the company's share price, Tony Radford said.
Published 26 October 2011, 05:36Updated 11 October 2016, 08:41
Asia & Oceania