ECHELON RESOURCES LIMITED — Earnings Release 2022

Feb 24, 2022

Results for announcement to the market	Results for announcement to the market	Results for announcement to the market
Name of issuer	New Zealand Oil & Gas Limited
Reporting Period	6 months to 31 December 2021
Previous Reporting Period	6 months to 31 December 2020
Currency	NZD
Amount (000s)		Percentage change
Revenue from continuing operations	$32,988	106%
Total Revenue	$32,988	106%
Net profit/(loss) from continuing operations	$11,496	133%
Total net profit/(loss)	$11,496	133%
Interim/Final Dividend
Amount per Quoted Equity Security	The Directors propose no dividend will be paid this period.
Imputed amount per Quoted Equity Security	Not Applicable
Record Date	Not Applicable
Dividend Payment Date	Not Applicable
	Current period	Prior comparable period
Net tangible assets per Quoted Equity Security (cents)	67.0	60.8
A brief explanation of any of the figures above necessary to enable the figures to be understood	Accompanying this announcement are the Company’s unaudited condensed and consolidated financial statements for the half year ended 31 December 2021 that have been prepared in accordance with generally accepted accounting practice and give a true and fair view of the financial position and performance of the company. These financial statements provide the balance of information required in accordance with Listing Rule 10.4.2, Appendix 1.
Authority for this announcement
Name of person authorised to make this announcement	Catherine McKelvey. CFO, New Zealand Oil & Gas Limited
Contact person for this announcement	Catherine McKelvey
Contact phone number	+64 4 495 2424
Contact email address	enquiries@nzog.com
Date of release through MAP	24 February 2022

Unaudited financial statements accompany this announcement.