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ASX BRIEFS

NEW ZEALAND OIL AND GAS (NZO) - Pioneering Energy's Future: Andrew Jefferies discusses Strategic Investments, the Amadeus Basin, and Rare Earth Partnerships in Australia and New Zealand

12 Jul 2024

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Send us a textUnlock the future of energy with Andrew Jefferies, Managing Director of New Zealand Oil and Gas, as he shares pivotal insights into the company's strategic vision on ASX Briefs. What makes the Amadeus Basin a game-changer in the energy sector? Discover how targeted investments in Australia and New Zealand, driven by a robust regional strategy, are set to revolutionize energy markets in the Northern Territory and East Coast Australia. Learn about the critical role of gas in stabilizing renewable energy and the exciting potential of new developments in mining and CO2 hubs.But that's not all—Andrew also delves into their groundbreaking partnership with Arafura Rare Earths, highlighting its significance in the global transition to renewable energy and the creation of rare earth magnets essential for electric motors. This episode unveils the strategic reasons behind expanding their stake in the Marini Field and the anticipated boost in production capacity and market reach. Tune in for a comprehensive look at the forward-thinking moves that are positioning New Zealand Oil and Gas at the forefront of meeting the world's evolving energy needs.

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