GNE
28/10/2015 09:35
GENERAL
NOT PRICE SENSITIVE
REL: 0935 HRS Genesis Energy Limited (NS)
GENERAL: GNE: GNE - Kupe Developed Reserves
Genesis Energy notes that New Zealand Oil and Gas Limited announced today
that it had materially upgraded its view of developed reserves in the Kupe
gas and oil field off the coast of Taranaki, New Zealand.
Genesis Energy has commissioned an independent oil and gas exploration
consultancy to review reservoir data recently provided to the Company by the
field operator, Origin Energy.
Genesis Energy will advise the market at the completion of the review, which
it expects will be before the end of December 2015.
ENDS
For media enquiries, please contact:
Richard Gordon
Public Affairs Manager
Genesis Energy
P: 09 951 9280
M: 021 681 305
For investor relations enquiries, please contact:
Rodney Deacon
Investor Relations Manager
Genesis Energy
P: 09 571 4970
M: 021 631 074
End CA:00272404 For:GNE Type:GENERAL Time:2015-10-28 09:35:49
