Key Developments: Antares Energy Ltd (AZZEF.PK)
0.36USD
21 May 2013
$0.01 (+2.69%)
$0.35
$0.34
$0.36
$0.34
125,888
165,337
$0.61
$0.33
Latest Key Developments (Source: Significant Developments)
Antares Energy Ltd Does Not Recommend Dividend
Antares Energy Ltd announced that the Directors do not recommend the payment of a dividend and no amount has been paid or declared by way of dividend since the end of the previous financial period, or to the date of this report. Full Article
Antares Energy Limited Declares No FY 2011 Final Dividend
Antares Energy Limited announced that the directors do not recommend the payment of a dividend and no amount has been paid or declared by way of dividend for fiscal year 2011. Full Article
Antares Energy Limited Increases Working Interest In Southern Star Project
Antares Energy Limited announced that it has purchased the working interest of Dinero Operating Company in the Southern Star project. Dinero's working interest ranged from 1.3 – 2.7% throughout the majority of the Southern Star leases. In Addition, the Company has purchased an additional 320 gross and 224 net acres representing an additional 8 gross drilling locations on 40-acre spacing. The two 160-acre tracts are located in Western Howard County in proximity to the Southern Star project area. Full Article
Antares Energy Limited Announces USD 200 Million Term Debt Facility
Antares Energy Limited announced that it has executed a Committed Letter of Offer for a USD 200,0000,000 Term Debt Facility to support the development of Oil and Gas properties located in the Permian Basin, West Texas. The Company will now undertake a not less than 30 well drilling program which will be completed by the December 31, 2012. By the conclusion of fiscal 2012, it will have drawn down USD 50,000,000 to facilitate this fully funded drilling program, which will consist of 24 wells in Southern Star and 6 wells in Big Star and Northern Star combined. The conclusion of the Southern Star drilling program will result in the entire Southern Star project being held by production. Full Article
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