New Zealand Oil & Gas Declares A Steady Financial Report For FY20

New Zealand Oil & Gas Limited (NZX:NZO) declared its financial report for FY20, with the following highlights:

  • 2P (proved and probable) reserves were upgraded across the portfolio.
  • A net loss of NZD 0.8 million, up from NZD 2.9 million in FY19
  • The NPAT attributable to NZO shareholders was a loss of NZD 1.4 million. In the previous year, it was NZD 7.5 million.
  • Revenue was NZD 37.3 million, down from NZD 43.3 million for the year before.
  • The cash balance grew to NZD 110.8 million on 30 June 2020, up from NZD 105.6 million.

The website is a service of Kalkine Media New Zealand Limited (Kalkine Media), Company Number: 8107196. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.



Rated 4.3/5 based on 904 Reviews at Google My Business
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK