Replies to post #57 on New Zealand Energy Corp (NZ)

[futrcash]

Being able to sell some Natural Gas is certainly a positive-

NZEC's natural gas pipeline is complete and tied in to the Waihapa Production Station. The operator is finalizing arrangements to receive the gas and NZEC expects to begin generating cash flow from its natural gas production in July.

I think the market needs to digest the Copper Moki-4 news which is not completely unexpected.

Most in not all of TagOil's Cheal oil production is necessarily heated before its pumped and brought to surface.

That does,however,imply an additional investment and a production delay for any heavier API Oil-

NZEC has completed a production test of Copper Moki-4, the Company's first Urenui formation well. The well produces 29° API oil which has a higher temperature pour point than Mt. Messenger oil. The well is shut in while NZEC completes the well test analyses and economic evaluation of artificial lift systems required to make a production decision for Copper Moki-4.

futr