Search results for: Metgasco

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  • 24 April 2015

    Metgasco Limited informed that the NSW Supreme Court has found in its favour in Metgasco’s challenge to the NSW Government’s suspension of its Rosella drilling approval.

  • 24 April 2015

    Metgasco Limited informed that the NSW Supreme Court has found in its favour in Metgasco’s challenge to the NSW Government’s suspension of its Rosella drilling approval.

  • 14 June 2011

      Metgasco announced that it has signed a Memorandum of Understanding (MOU) with Casino NSW based manufacturing company Richmond Dairies Pty Ltd to supply it gas. Under the terms of the MOU, Metgasco and Richmond Dairies will work together to optimise Metgasco’s gas supply to meet the Dairies needs with a view to concluding a […]

  • 3 June 2014

    Metgasco filed for judicial review of the decision to suspend its approval to drill the Rosella well at Bentley. “Metgasco was advised of the suspension on 14 May by the Office of Coal Seam Gas (OCSG) without notice and, in Metgasco’s opinion, without valid justification,” the company said in a statement. In the judicial review […]

  • 25 May 2015

    Metgasco informed that the NSW Government will not appeal the Supreme Court’s 24 April decision that overturned the suspension of Metgasco’s drilling approval.

  • 15 August 2014

    Natural gas explorer Metgasco provided an update on its Supreme Court action to declare invalid the NSW Government’s suspension of its approval to drill the Rosella exploration well. On 28 July, Metgasco lodged its evidence in support of its claim, on the schedule set by the Court. The NSW Government was required to lodge its supporting […]

  • 28 August 2014

    Metgasco said that the dates for its Supreme Court Hearing for the dispute over the suspension of approval to drill a conventional and tight gas well in northern New South Wales have been set for 20 and 21 October 2014. Metgasco also said that its lawyers have written to their Government counterparts, seeking the information that […]

  • 25 May 2015

    Metgasco informed that the NSW Government will not appeal the Supreme Court’s 24 April decision that overturned the suspension of Metgasco’s drilling approval.

  • 4 July 2014

    Metgasco will pursue a judicial review of the suspension of its licence to drill an exploration well in northern NSW, with a Supreme Court Hearing. The NSW Office of Coal Seam Gas (OCSG) recently completed a review of its own 14 May decision to suspend Metgasco’s approval to drill the Rosella exploration well. “Following the […]

  • 20 June 2011

    Metgasco Ltd today announced the launch of a Share Purchase Plan (SPP) to fund the Company’s development program for first gas sales and a high impact exploration program. Under the SPP, Eligible Shareholders will be entitled to apply for up to $15,000 in additional shares. Background to the SPP Australian energy markets are experiencing rising […]

  • 7 June 2013

    Metgasco announced that Non-Executive Director Steven J Koroknay died suddenly yesterday, 6 June, 2013. Metgasco’s Chairman, Nick Heath, said that Steve’s death was a shock and a real loss for Metgasco and the petroleum industry. Steve had a major influence on the Australian petroleum industry over a 40 year career, which started in the early […]

  • 27 September 2010
    Project & Tenders

    Metgasco has commenced feasibility studies into the delivery of gas to liquefied natural gas (LNG) export markets. Metgasco intends to evaluate the commercial, environmental and technical feasibility of a number of export LNG options. If this review determines that this commercialisation option has merit and is feasible Metgasco will select a preferred LNG project option […]

  • 25 August 2014

    In its response to media reports, Metgasco confirmed that it has had discussions with the NSW government to seek an out-of-court settlement for the dispute over the suspension of Metgasco’s approval to drill a conventional and tight gas well. The discussions are confidential and without-prejudice. Metgasco continues to argue that the Government’s suspension decision was […]

  • 17 May 2011

      Metgasco announced that the LNG feasibility study commissioned by Metgasco and conducted by WorleyParsons has shown that there are a number of LNG development opportunities that are economically attractive at prevailing export LNG prices. Metgasco commissioned the study in late 2010 to build on the Memorandums of Understanding (MOU) it has signed with LNG […]

  • 16 October 2012

    This recent quarter was eventful and positive for Metgasco, with the NSW Government issuing a range of new regulations, renewing numerous exploration licences and approving our first production licence to support, Metgasco’s Casino Gas Project / Richmond Valley Power Station project. In doing so, the NSW Government gave the green light to the CSG industry. […]

  • 25 July 2011

    Metgasco announced that it welcomes the NSW Government’s coal seam gas (“CSG”) initiatives announced on Friday as an important step in re-assuring the community of the safety and environmental sustainability of the CSG industry. By creating more public confidence in the industry, the initiatives will support Metgasco’s operations. The new rules released Friday by the […]

  • 24 December 2012

    Metgasco announced that field work for the first of its 2013 exploration and pilot wells will commence in early January 2013. The first well to be drilled will be the Thornbird E04 well, a simple vertical well to better define coal distribution in PEL 426. Metgasco has all landholder and government approvals required for work […]

  • 27 September 2010
    Project & Tenders

    Liquefied Natural Gas Limited (ASX: LNG “ LNG Ltd ”) has executed an agreement with Metgasco Ltd (ASX: MEL “ Metgasco ”) to jointly study the feasibility of a gas to LNG project. The joint study will include the viability of gas supply, transportation, liquefaction and sale of LNG from Metgasco’s 100% owned coal seam […]

  • 12 November 2012

    Metgasco announced the successful completion of the seismic acquisition program in PEL 16. The seismic program was focussed on the deeper conventional potential of the Ripley Road Sandstone and the tight gas sands in the Gatton Formation rather than the shallower CSG targets in the Casino area and was acquired to provide better definition of […]

  • 15 May 2014

    Metgasco has received advice from the NSW Office of Coal Seam Gas that it must suspend all work on the Rosella E-01 exploration well until the Company can demonstrate to the satisfaction of the Office of Coal Seam Gas that Metgasco has complied with condition 8 of the PEL 16 exploration licence regarding community consultation. […]

  • 17 September 2012

    Metgasco of Australia said that is has received binding commitments from existing shareholders and new institutional and sophisticated investors in Australia and overseas for a private placement of new ordinary shares at an issue price of $0.20 per share to raise approximately $10 million. As a result of this announcement, Metgasco will resume trading from […]

  • 17 June 2011

    Metgasco Limited announced that it has received binding commitments from existing shareholders and new institutional and sophisticated investors in Australia and overseas for a private placement of new ordinary shares at an issue price of $0.26 per share to raise approximately $6.25 Million (Placement). As a result of this announcement, Metgasco will resume trading from […]