June 9 (Reuters) - Byron Energy Ltd BYE.AX :
* Byron secures development funding for sm 71 BYE.AX
* 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
* Source text for Eikon ID:nASX4p6Y04