Monday, 26 February 2018

Announcement

TRANSACT: NZO: Notice that takeover offer is unconditional

11 Jan 2018 10:55NZX
11 January 2018

New Zealand Oil & Gas Limited
Level 1, 36 Tennyson Street
Wellington 6011
New Zealand

NOTICE THAT TAKEOVER OFFER IS UNCONDITIONAL

We refer to the partial takeover offer (Offer) by O.G. Oil & Gas (Singapore)
Pte. Ltd. (OGOG) dated 11 October 2017 in respect of New Zealand Oil & Gas
Limited. Capitalised terms used but not defined in this notice have the
meanings given to them in the offer document for the Offer (the Offer
Document).

The conditions set out in clauses 4.1 (Minimum acceptance), 4.2 (Overseas
Investment Office) and 4.4 (Ministerial consent under petroleum legislation)
of the Offer Document have been satisfied. To the extent not satisfied as at
the date of this notice, OGOG hereby waives the conditions set out in clauses

4.3 (Interests in joint ventures), 4.5 (Other regulatory approvals) and 4.6
(Other conditions) of the Offer Document. Accordingly, in accordance with
rule 49C(3) of the Takeovers Code, OGOG hereby gives notice that its Offer is
now unconditional in all respects.

The Offer period closed on 8 January 2018. Acceptances in respect of the
fully paid ordinary shares will be subject to scaling as described in clause
5 of the Offer Document. Payment and acquisition of shares will occur on or
before Friday, 19 January 2018 in accordance with the Takeovers Code and the
Offer
Document.

Yours faithfully
O.G. Oil & Gas (Singapore) Pte. Ltd.

Alastair McGregor
Chief Executive Officer

cc. The Takeovers Panel
Level 3, Solnet House
70 The Terrace
Wellington 6011
By email: takeovers.panel@takeovers.govt.nz

cc. NZX Limited
Level 2, NZX Centre
11 Cable Street
PO Box 2959
Wellington
By email: announce@nzx.com
End CA:00312942 For:NZO    Type:TRANSACT   Time:2018-01-11 10:55:49
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New Zealand Oil & Gas
 0.6900 Change:
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Open:0.6900 
High:0.6900 
Low:0.6900 
Volume:0 
Last Traded:07/02/18 09:05:40 
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52-Wk Low:0.5800