New Zealand Oil & Gas Limited (NZO) 2009年年度报告「ASX」.pdf

1、1NZOG Annual Report 200920091NZOG Annual Report 2009 Contents2Chairmans Review3CEOs Review4Reserves and Resources5Statement of Financial Performance6Statement of Financial Position7Statement of Changes in Equity9Cashflow Statement10Notes to the Financial Statements39Directors Declaration40Audit Repo

2、rt41Corporate Governance Statement45Shareholder Information49Corporate Directory2Dear Investor,I am very pleased to comment upon another successful year for the company.A solid financial result was achieved,with NZOGs profit after tax of NZ$53.2 million being mainly attributable to the ongoing succe

3、ss of the Tui area oil fields.Significantly,the potential for additional reserves and sustained levels of production from the Tui project is to be addressed in the near term,with the drilling of at least two more wells within the permit area.While it has yet to be reflected in the companys trading r

4、esults,the major Kupe development was progressed very substantially during the year and when in production will provide NZOG with solid long-term income from production of gas,light oil and LPG.During the financial year,a number of other reserves and production opportunities were rigorously evaluate

5、d as potential additions to the companys asset base,but so far none of them have been sufficiently attractive,as to pricing and/or technical risk,for the company to proceed with an acquisition of this type.On the exploration front,however,NZOG has been active in expanding its position within New Zea

6、land,primarily in the offshore Taranaki Basin,where it is pursuing a number of drilling targets which have potential to deliver additional reserves and production for the company in the short-medium term.These targets include prospects within the Tui permit area,Hoki,and the recently acquired intere