1、New Zealand Oil&Gas Limited Annual Report 2006New Zealand Oil&Gas Limited Annual Report 2006 2 Executive Chairman s Report 3 Highlights 4 Operations Report 13 Reserves and Resources 16 Financial Statements 35 Audit Report 36 Corporate Governance Statement 38 Shareholder and Optionholder Information
2、40 Statutory Information 41 Corporate DirectoryInvesting in New ZealaCONTENTS Robert Garvey .au1New Zealand Oil&Gas Limited Annual Report 2006aland s Energy Future Shareholders of New Zealand Oil&Gas Limited are invited to attend the 2006 Annual General Meetingat the Crowne Plaza Hotel,Elliott Rooms
3、,128 Albert Street,Auckland on Thursday 26 October 2006 at 11am.ANNUAL GENERAL MEETINGNew Zealand Oil&Gas Limited(“NZOG”)is an independent company listed on the New Zealand and Australian stock exchanges.NZOG is a founding partner in two important petroleum developments in the offshore Taranaki Basi
4、n,New Zealand the Tui Area oil fi elds and the Kupe gas/oil fi eld and has exploration interests in several Taranaki oil and gas prospects.NZOG is the cornerstone shareholder in a major coking coal mine project under development in New Zealand s South Island.COMPANYPROFILENew Zealand Oil&Gas Limited
5、NZ Reg.Coy.No.WN 037 842 ARBN 003 064 962The 2006 Annual Report of New Zealand Oil&Gas Limited is approved for and on behalf of the Board.2006 ANNUAL REPORTR F Meyer R A RadfordDirector Director12 September 2006 12 September 20062New Zealand Oil&Gas Limited Annual Report 2006EXECUTIVE CHAIRMANS REPO
6、RTDear Investor,I am pleased to report to you that in the last year we have achieved signifi cant progress on the projects which will transform NZOG into a signifi cant energy producer.All three of the company s key projects were given the development go-ahead during this 12 month period.The Tui Are