Monumental Energy Increases Strategic Investment in New Zealand Energy Corp.
May 10, 2024
“Since our initial investment at the end of last year, NZEC has made great progress in terms of preparation for oil well workovers at Copper Moki commencing in the second half of May, as well as the Tariki-5 gas development well scheduled for August. NZEC just closed an upsized $5M private placement with a lead order from Charlestown Energy Partners, LLC, which demonstrates the caliber of their assets and the promise of significant near-term progress with their proven and committed leadership team.”
