09:47 AM EST - New Zealand Energy Corp. : announced that the Company has been awarded a 100% interest in the East Cape Permit. The East Cape Permit covers approximately 1,048,221 onshore acres (4,242 km2) in the Raukumara region of the East Coast Basin, on the northeast tip of New Zealand's North Island. The East Coast Basin is considered highly prospective with significant resource potential from both conventional Miocene sands and unconventional oil shales. New Zealand Energy Corp.
shares V.NZ are trading up $0.005 at $0.31.
