Ann: DIRECTOR: NZO: Directors' independence and Deed of Indemnity

• Release Date: 10/11/14 10:54
• Summary: DIRECTOR: NZO: Directors' independence and Deed of Indemnity
• Price Sensitive: No
• Download Document  746B

					NZO
10/11/2014 10:54
DIRECTOR

REL: 1054 HRS New Zealand Oil and Gas Limited

DIRECTOR: NZO: Directors' independence and 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.

For more information:
John Pagani
External Relations Manager
+64 21 570 872
End CA:00257432 For:NZO    Type:DIRECTOR   Time:2014-11-10 10:54:50