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NZ Oil & Gas, Pan Pacific shares halted pending statements

Monday, 25 July 2011, 9:17 am
Article: BusinessDesk

NZ Oil & Gas, Pan Pacific shares halted pending statements

July 25 (BusinessDesk) – Shares of New Zealand Oil & Gas Ltd. and Pan Pacific Petroleum NL were halted from trading pending announcements from the companies.

No details were given in separate statements to the NZX. The two oil companies share interests in fields including the Tui oil field.

So far this year, NZO has declined about 4% and Pan Pacific has dropped about 12%.

(BusinessDesk)

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