New Zealand Energy Corp Announces 2023 Quarter 4 Results
New Zealand Energy Corp Announces 2023 Quarter 4 Results
Wellington, New Zealand--(Newsfile Corp. - April 28, 2024) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today it has filed with Canadian regulatory authorities its Q4 2023 consolidated financial results and an accompanying management discussion and analysis report, which documents are available on the Company's website at and on SEDAR at .
新西兰惠灵顿--(Newsfile Corp.-2024 年 4 月 28 日)- 新西兰能源公司(TSXV:NZ)(“NZEC” 或 “公司”)今天宣布,它已向加拿大监管机构提交了其2023年第四季度的合并财务业绩以及随附的管理层讨论和分析报告,这些文件可在公司网站和SEDAR上查阅。
Commenting on the Company's 2023 end of year results, Chairman James Willis said "The results saw a loss of $2,075,929 (compared to the 2022 profit of $1,840,340) which included significant non-cash expenses including depreciation and depletion. Overall, there was a $694,355 increase in cash at year end and $1,180,393 was held as at 31 December 2023. Cash used by operating activities was ($1,404,159), compared to 2022 when $720,088 of cash was provided by operations.
董事长詹姆斯·威利斯在评论公司2023年年终业绩时表示:“业绩亏损2,075,929美元(而2022年的利润为1,840,340美元),其中包括包括折旧和损耗在内的重大非现金支出。总体而言,截至年底,现金增加了694,355美元,截至2023年12月31日,持有的现金为1,180,393美元。经营活动使用的现金为(1,404,159美元),而2022年运营部门提供的现金为720,088美元。
The Company achieved average net daily production of 27 boe/d (99% oil) through 2023 compared to 81 boe/d (88% oil) during 2022. This reduction in production is primarily the result of equipment failure at Copper Moki and the cessation of gas lift at Waihapa due to fuel gas costs.
截至2023年,该公司的平均日净产量为27桶桶油当量(99%的石油),而2022年为81桶桶/日(88%的石油)。产量减少的主要原因是Copper Moki的设备出现故障,以及由于燃气成本而导致怀哈帕的天然气输送停止了。
With respect to development operations, Mr Willis commented: "The Tariki gas development remains our primary focus with drilling scheduled for August this year. Work is also advancing on achieving immediate production gains by replacing the failed downhole equipment in two Copper Moki wells in May."
关于开发业务,威利斯先生评论说:“塔里基天然气开发仍然是我们的主要重点,钻探计划于今年8月进行。通过在5月更换了两口Copper Moki井中出现故障的井下设备,立即提高产量的工作也在取得进展。”
On behalf of the Board of Directors
代表董事会
"James Willis"
“詹姆斯·威利斯”
Chairman
主席
New Zealand Energy Contacts
Email: info@newzealandenergy.com
Website:
新西兰能源联系人
电子邮件: info@newzealandenergy.com
网站:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所风险交易所及其监管服务提供商(该术语在多伦多证券交易所风险交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
FORWARD-LOOKING INFORMATION AND CAUTIONARY NOTE REGARDING RESERVE ESTIMATES
有关储备估算的前瞻性信息和警示性说明
This document, the consolidated financial statements for the year ended 31 December 2023 and the Management's Discussion and Analysis contain certain forward- looking information, forward-looking statements ("forward-looking statements"). The reader's attention is specifically drawn to the qualifications, disclosure and cautionary statements in these documents regarding forward-looking statements and reserve and resource estimates.
本文件、截至2023年12月31日止年度的合并财务报表以及管理层的讨论和分析包含某些前瞻性信息、前瞻性陈述(“前瞻性陈述”)。特别提请读者注意这些文件中有关前瞻性陈述、储备金和资源估算的资格陈述、披露和警示性陈述。
The Company notes that such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond NZEC's control, the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, operational risks in exploration and development, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and the ability to access sufficient capital from internal and external sources. Although the Company believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward looking information.
公司指出,此类前瞻性陈述存在许多风险和不确定性,其中一些是NZEC无法控制的、总体经济状况、行业状况、大宗商品价格波动、货币波动、储备估算的不精确、环境风险、勘探和开发中的运营风险、来自其他行业参与者的竞争、缺乏合格人员或管理人员、股票市场波动以及从内部和外部获得足够资本的能力外部来源。尽管公司认为其前瞻性陈述中的预期是合理的,但这些预期是基于有关未来事件的因素和假设,这些因素和假设可能不准确。这些因素和假设以目前可获得的信息为基础。此类陈述受已知和未知风险、不确定性和其他因素的影响,这些因素可能会影响实际结果或事件,并导致实际结果或事件与前瞻性信息中陈述、预期或暗示的结果或事件存在重大差异。
As such, readers are cautioned not to place undue reliance on the forward looking information, as no assurance can be provided as to future results, levels of activity or achievements. All forward-looking statements are made as of the date of this document or the date of the documents referenced above, except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.
因此,提醒读者不要过分依赖前瞻性信息,因为无法保证未来的结果、活动水平或成就。所有前瞻性陈述均自本文件发布之日或上述文件发布之日起作出,除非适用法律要求,否则公司不承担任何义务公开更新或修改任何前瞻性陈述,无论是由于新信息、未来事件还是其他原因。