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New Zealand Oil & Gas Limited ( (AU:ECH) ) has shared an announcement.
Echelon Resources Limited announced an amendment to its conditional Gas Supply Agreement with Arafura Rare Earths, changing the condition precedent date to 31 March 2025. This update reflects Echelon’s strategic focus on enhancing its portfolio alongside joint venture partners, aiming to explore and develop existing assets while seeking new value-accretive opportunities in the energy sector.
More about New Zealand Oil & Gas Limited
Echelon Resources Limited, trading as Echelon, is an Australasian-focused energy commodity exploration and production company based in Wellington, New Zealand. The company engages in ethical development and exploration of onshore and offshore oil and gas assets in Australia, New Zealand, and Indonesia. Echelon holds these stakes directly and indirectly through a substantial stake in Cue Energy Resources Limited.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $53.78M
Find detailed analytics on ECH stock on TipRanks’ Stock Analysis page.
