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 .
新西蘭惠靈頓--(Newsfile Corp.-2024 年 4 月 28 日)- 新西蘭能源公司(TSXV:NZ)(“NZEC” 或 “公司”)今天宣佈,它已向加拿大監管機構提交了其2023年第四季度的合併財務業績以及隨附的管理層討論和分析報告,這些文件可在公司網站和SEDAR上查閱。
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.
董事長詹姆斯·威利斯在評論公司2023年年終業績時表示:“業績虧損2,075,929美元(而2022年的利潤爲1,840,340美元),其中包括包括折舊和損耗在內的重大非現金支出。總體而言,截至年底,現金增加了694,355美元,截至2023年12月31日,持有的現金爲1,180,393美元。經營活動使用的現金爲(1,404,159美元),而2022年運營部門提供的現金爲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,該公司的平均日淨產量爲27桶桶油當量(99%的石油),而2022年爲81桶桶/日(88%的石油)。產量減少的主要原因是Copper Moki的設備出現故障,以及由於燃氣成本而導致懷哈帕的天然氣輸送停止了。
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."
關於開發業務,威利斯先生評論說:“塔裏基天然氣開發仍然是我們的主要重點,鑽探計劃於今年8月進行。通過在5月更換了兩口Copper Moki井中出現故障的井下設備,立即提高產量的工作也在取得進展。”
On behalf of the Board of Directors
代表董事會
"James Willis"
“詹姆斯·威利斯”
Chairman
主席
New Zealand Energy Contacts
Email: info@newzealandenergy.com
Website:
新西蘭能源聯繫人
電子郵件: info@newzealandenergy.com
網站:
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.
多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所風險交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
FORWARD-LOOKING INFORMATION AND CAUTIONARY NOTE REGARDING RESERVE ESTIMATES
有關儲備估算的前瞻性信息和警示性說明
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日止年度的合併財務報表以及管理層的討論和分析包含某些前瞻性信息、前瞻性陳述(“前瞻性陳述”)。特別提請讀者注意這些文件中有關前瞻性陳述、儲備金和資源估算的資格陳述、披露和警示性陳述。
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,此類前瞻性陳述存在許多風險和不確定性,其中一些是NZEC無法控制的、總體經濟狀況、行業狀況、大宗商品價格波動、貨幣波動、儲備估算的不精確、環境風險、勘探和開發中的運營風險、來自其他行業參與者的競爭、缺乏合格人員或管理人員、股票市場波動以及從內部和外部獲得足夠資本的能力外部來源。儘管公司認爲其前瞻性陳述中的預期是合理的,但這些預期是基於有關未來事件的因素和假設,這些因素和假設可能不準確。這些因素和假設以目前可獲得的信息爲基礎。此類陳述受已知和未知風險、不確定性和其他因素的影響,這些因素可能會影響實際結果或事件,並導致實際結果或事件與前瞻性信息中陳述、預期或暗示的結果或事件存在重大差異。
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,提醒讀者不要過分依賴前瞻性信息,因爲無法保證未來的結果、活動水平或成就。所有前瞻性陳述均自本文件發佈之日或上述文件發佈之日起作出,除非適用法律要求,否則公司不承擔任何義務公開更新或修改任何前瞻性陳述,無論是由於新信息、未來事件還是其他原因。