11:41 AM EST - New Zealand Energy Corp. : released the results of its first quarter ended March 31, 2015. The net loss for the three-month period ended March 31, 2015 was $1,179,930 compared with a loss for the first quarter of 2014 of $2,022,722. The Company realized a loss per share for the three-month period ended March 31, 2015 of $0.01. The Company has recorded revenues in the Financial Statements for the period (on a like for like basis) of $1,196,477 (on production of 12,595 barrels) compared with $2,241,372 (on production of 19,682 barrels, excluding sales of purchased oil and condensate) for the corresponding three-month period ended March 31, 2014. New Zealand Energy Corp.
shares V.NZ are trading unchanged at $0.03.
