KEY POINTS:
Earnings from the Tui oilfield have lifted New Zealand Oil and Gas' (NZOG) half year net profit to $41.4 million from $500,000 a year earlier.
Revenue for the six months to the end of December was $95.5 million from $92,000 in the previous corresponding period.
A fully imputed dividend for the 2007/08 financial year of 5 cents per share will be paid, recognising an outstanding period and provides shareholders with an immediate share of that success, NZOG said today.
- NZPA
