15 July 2019
The Board of Directors of Metgasco Limited (“Metgasco”, or “the Company”) notes today’s Unsolicited, Conditional takeover offer from Melbana Energy Limited (“Melbana”).
Metgasco thanks Melbana for its interest and recommends shareholders take no action pending a formal response and recommendation by the Company.
Metgasco will now take the opportunity to confer with all key stakeholders, and Melbana, as well as engage with other interested parties in order to ensure shareholders of the Company are fully informed and a comprehensive response and recommendation can be made in a timely fashion.
Philip Amery, Chairman
Phone: +61 02 9923 9100