Latest FromNZ Oil and Gas Limited
![Pike River helpers may never be paid back - Mayor](/pf/resources/images/placeholders/placeholder_l.png?d=810)
Pike River helpers may never be paid back - Mayor
Many suppliers may never be paid back for giving to the recovery operation at Pike River Coal mine, the Grey District Mayor says.
![114 Pike River miners to lose jobs immediately](/pf/resources/images/placeholders/placeholder_l.png?d=810)
114 Pike River miners to lose jobs immediately
Receivers for Pike River Coal are making 114 of its employees redundant immediately.
![Pike families ask Govt to fund recovery operation](/pf/resources/images/placeholders/placeholder_l.png?d=810)
Pike families ask Govt to fund recovery operation
The families of the 29 workers who died in the Pike River mine are calling on the Govt to fund the recovery operation.
![Pike River receivership inevitable](/pf/resources/images/placeholders/placeholder_l.png?d=810)
Pike River receivership inevitable
Herald deputy business editor Grant Bradley, who has visited the Pike River mine and covered the company for the Business Herald, on why today's receivership move by Pike River was inevitable.
![Pike River chairman: Company insured for $100m](/pf/resources/images/placeholders/placeholder_l.png?d=810)
Pike River chairman: Company insured for $100m
As the West Coast struggles with the emotional cost of the Pike River tragedy, chairman John Dow has reassured the community there is still a future for the mine and the company.
![NZOG provides rest of $25m funding to Pike River](/pf/resources/images/placeholders/placeholder_l.png?d=810)
NZOG provides rest of $25m funding to Pike River
NZ Oil & Gas has today provided the balance of a $25 million short term funding facility to Pike River Coal.
![Telecom and Ebos up as NZ shares buck the trend](/pf/resources/images/placeholders/placeholder_l.png?d=810)
Telecom and Ebos up as NZ shares buck the trend
The New Zealand sharemarket rose yesterday when many other markets were weak and a large volume was traded in the shares of New Zealand Oil & Gas, the 29 per cent shareholder of Pike River Coal Ltd.
![Pike River says mine damage evaluation 'down the line'](/pf/resources/images/placeholders/placeholder_l.png?d=810)
Pike River says mine damage evaluation 'down the line'
Pike River Coal says work on evaluating the impact on its West Coast mine of Friday's explosion is "down the line", as it focuses for now on finding the 29 men unaccounted for.
![Fletcher and Contact Energy gain as market rises](/pf/resources/images/placeholders/placeholder_l.png?d=810)
Fletcher and Contact Energy gain as market rises
Trading in Pike River Coal shares was suspended and trading in the shares of its biggest shareholder New Zealand Oil & Gas (NZOG) was halted yesterday as the investment community extended their sympathies and also waited for news.