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New Zealand Energy Corp. Amends Gas Supply Deal with Genesis

Guavy AI Editorial Team
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Natural Gas
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New Zealand Energy Corp. (NZ:TSX.V; NZERF:OTCQX) has amended its gas supply agreement with Genesis Energy Limited (NZX:GNE; ASX:GNE), broadening potential natural gas sources and increasing flexibility in the Tariki area.

The agreement, announced on September 28, 2026, allows for production to be aggregated across three license areas, providing a pathway to monetize available production. Commercial terms of the deal remain confidential.

Current production from the expanded supply area is approximately 2 MMcf/d gross, with spot prices ranging from NZ$3.38 to NZ$20.55 per GJ over the past 12 months.

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