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BRIEF-Metgasco to commence court action and field activities

Published 01/09/2015, 10:15 am
Updated 01/09/2015, 10:17 am
© Reuters.  BRIEF-Metgasco to commence court action and field activities

Sept.1 (Reuters) - Metgasco Ltd MEL.AX :

* Metgasco to commence court action and field activities MEL.AX

* Says negotiations with the NSW government have not resulted in a settlement of the matters between Metgasco and the government

* Says accordingly paused formal discussions with the government over the future of metgasco's three northern rivers licence areas

* Announces initiation of court action for damages from NSW government in relation to government's unlawful suspension of 2014 drilling program

* Preparation for judicial review to have pel 426 renewed and for the award of a production licence for ppla 9

* Conclusion of contractual agreements for seismic acquisition program to east of lismore and for drilling of rosella conventional/tight gas prospect

* Source text for Eikon ID:nASX39Jjsk

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