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Posted on 10 November 2014
Deed of Indemnity
Two new directors were elected to the board of New Zealand Oil & Gas Limited last week, Dr Rosalind Archer and Mr Duncan Saville. The company is entering into its standard form of indemnity in favour of each.
The board has determined, pursuant to NZX Listing Rules 3.3.2 and 3.3.3, that Dr Rosalind Archer is an independent director and Mr Duncan Saville is not an independent director because he is a director of a substantial security holder of the company.
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New Zealand Oil & Gas Ltd.
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CODE : NZO.AX |
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New Zealand Oil & Gas is a oil and natural gas producing company based in Australia. New Zealand Oil & Gas is listed in Australia. Its market capitalisation is AU$ 147.3 millions as of today (US$ 106.3 millions, € 93.1 millions). Its stock quote reached its highest recent level on July 16, 2010 at AU$ 0.78, and its lowest recent point on June 09, 2023 at AU$ 0.32. New Zealand Oil & Gas has 392 842 727 shares outstanding. |