Oil and gas company Austral Pacific Energy Ltd was unlikely to be able to repay a loan facility by December 15 so had to restructure the facility. more... |
Oil and gas company Austral Pacific Energy Ltd said it is reviewing its business and has appointed McDouall Stuart as an adviser. more... |
Wellington-based Austral Pacific Energy says a new oil well has been tied into the production facility at its onshore Taranaki Cheal field. more... |
Austral Pacific Energy has failed to find economic quantities of hydrocarbons in two wells designed to test additional reserve potential in the greater area of the onshore Taranaki Cheal oil field. more... |
Austral Pacific Energy said it had raised $5.6 million through the placement of 11.2m shares with attached half-warrants. more... |
Oil and gas company Austral Pacific Energy is raising up to $US7 million ($NZ9.3 million) through the private placement of up to 14 million units, to fund drilling programmes and for working capital. more... |
Austral Pacific is selling its interests in two petroleum prospecting licences in Papua New Guinea for $US5 million ($NZ6.4m). more... |
Oil and gas company Austral Pacific Energy has reported a $US6.57 million ($NZ8.74 million) first quarter net loss. more... |
Oil and gas company Austral Pacific, which last week announced a $22 million net loss, says reports it is in financial difficulty are "misleading". more... |
Austral Pacific has reported a US$22 million (NZ$28 million) net loss for 2007, and said its position raised questions as to its capability to continue as a going concern. more... |