Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Fletcher Energy Clarification Regarding Spectrum


STOCK EXCHANGE LISTINGS: NEW ZEALAND (FEG), AUSTRALIA (FLCES), NEW YORK (FEG).

Fletcher Challenge Energy Clarifies Position
Regarding Spectrum Exploration Ltd.

Auckland, 22 June 2000 - Fletcher Challenge Energy wishes to clarify its position with regard to the recent Investment Statement issued by Spectrum Exploration Limited through Venture Taranaki in relation to Petroleum Exploration Permit 38462, offshore Taranaki, New Zealand.

All views, opinions and interpretations carried in the above mentioned document are solely those of Spectrum Exploration Ltd, it’s directors and advisors. They should in no way be inferred to be the views of Fletcher Challenge Energy.

Fletcher Challenge Energy is mentioned as a joint venture partner on pages four and eight of the document. No association whatsoever should be drawn between the information provided in the document and Fletcher Challenge Energy, including quoted reserves estimates.

As of 20 June 2000, Fletcher Challenge Energy has formally withdrawn from participation in the licence. Spectrum Exploration Ltd. and the Ministry of Economic development were notified of the withdrawal on 20 June 2000.


ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

NZ's Space Programme: Rocket Lab Launches NASA Satellites

On Sunday, December 16, 2018 UTC, Rocket Lab’s Electron launch vehicle successfully lifted off from Rocket Lab Launch Complex 1 on New Zealand’s Māhia Peninsula. More>>

ALSO:

Conservation Plan: Celebrity Kiwi Released Into The Wild

One of the nation's most famous kiwi was among four released onto Taranaki Maunga... Atara, a five-year-old male, hatched while David Attenborough's cameras were rolling. More>>

ALSO:

Budget Policy Statement: 'Wellbeing Of NZers At The Heart Of Budget Priorities'

“We want a wellbeing focus to drive the decisions we make about Government policies and Budget initiatives. This means looking beyond traditional measures - such as GDP - to a wider set of indicators of success,” Grant Robertson said. More>>

ALSO:

Short Of 2017 Record: Insurers Pay $226m Over Extreme Weather

Insurers have spent more than $226 million this year helping customers recover from extreme weather, according to data from the Insurance Council of NZ (ICNZ). More>>