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Metgasco Ltd (MEL.AX)

MEL.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Metgasco updates on ATO class ruling on return of capital
Wednesday, 21 Dec 2016 12:18am EST 

Metgasco Ltd : Ato class ruling on return of capital-mel.ax .Class ruling confirms that no portion of return of capital payment will be deemed to be a dividend.  Full Article

Metgasco updates on capital return
Wednesday, 27 Jul 2016 08:47pm EDT 

Metgasco Ltd : Bivouac peak farm-in and capital return . Capital return of 2.5c per share is expected to be a first step toward future distributions / dividends" . Given notice to byron energy limited of its decision to farm-in to bivouac peak onshore Louisiana project on terms previously negotiated . Metgasco's initial well costs pursuant to its farm-in are not expected to exceed US$1.33M" .  Full Article

Byron Energy enters into binding funding agreement with Metgasco Ltd
Friday, 22 Jul 2016 02:45am EDT 

Byron Energy Ltd : Amended funding agreement with Metgasco signed . Says entered into a binding funding agreement with Metgasco Limited . As part of the agreement Byron will issue 10 million unlisted options to Metgasco with an exercise price of 25c with a three year term . Byron and Metgasco documented terms of a convertible note for $A8 million, providing Byron with funding for SM 71 project development .  Full Article

Byron Energy enters into a heads of agreement with Metgasco Ltd
Wednesday, 8 Jun 2016 11:02pm EDT 

Byron Energy Ltd : Byron secures development funding for sm 71 . Says entered into a heads of agreement with Metgasco Ltd . Byron and Metgasco have agreed on terms of convertible note for up to $A8 million, providing Byron with funding for sm 71 project development . Says Metgasco will be granted an opportunity to participate in future Byron projects .  Full Article

Metgasco says CEO Peter Henderson is leaving co
Tuesday, 31 May 2016 07:37pm EDT 

Metgasco Ltd : After five years of service as CEO and managing director,. peter Henderson is leaving the company . Alexander lang has agreed to formally step into the role of executive chairman . Board is currently reviewing staffing and resources of the business . Says the ceo/md role is not intended to be replaced imminently .  Full Article

Metgasco says Alexander Lang has been appointed as the new chairman
Sunday, 7 Feb 2016 09:26pm EST 

Metgasco:Says Alexander Lang has been appointed as the new chairman effective immediately.Greg Short Intends to stand down from the role of chairman of the board, will also resign as a director of the company.  Full Article

Metgasco signs contract with Terrex Pty Ltd
Monday, 28 Sep 2015 08:11pm EDT 

Metgasco:Signed a contract with seismic acquisition contractor, Terrex Pty Ltd, to acquire about 16 km of seismic in its Northern Rivers petroleum exploration licence, PEL 16.The timing of the program, which is expected to take about four days, will be driven by the availability of the seismic acquisition equipment but at this stage it is expected to be in the second half of Nov. this year.  Full Article

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