New Zealand Oil & Gas completed the acquisition of a 25% stake in the Mereenie gas field from Macquarie for AUD42.5m.

Synopsis

New Zealand Oil & Gas, an NZX and ASX listed petroleum exploration and production company based in Wellington, New Zealand, completed the acquisition of a 25% stake in the Mereenie gas field from Macquarie, a global investment banking and financial services group, for AUD42.5m.

Principals

target

Mereenie Oil And Gas Field

bidder

New Zealand Oil & Gas (nzog)

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Market Context

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Bidder Team (3)

mary-rose bright

Solicitor at Herbert Smith Freehills

Lawyer

bidder

Deals

£ 31.31 B

Total Value

andrew jefferies

CEO at NEW ZEALAND OIL & GAS (NZOG)

Manager

bidder

Deal

£ 22 M

Total Value

neena aynsley

Partner at Herbert Smith Freehills

Lawyer

bidder

Deals

£ 39.17 B

Total Value

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