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Correction of Media Report

As reported in our ASX release of 1 September 2015, Metgasco has been in discussions with the government regarding settlement of the matters between Metgasco and the Government.

It was reported in the media yesterday that the government has made a substantial offer to Metgasco.

Metgasco advises that the government has made a non-binding indicative offer with a value range and associated conditions.   

The directors do not consider this range would be acceptable to shareholders, even at the upper end.  

ENDS

For more information contact: 

Peter J Henderson, Managing Director & CEO
Sean Hooper, Chief Financial Officer

Phone: +61 02 9923 9100

For media inquiries, contact: 

Helen McCombie, Citadel
(02) 9290 3073 or 0411 756248

CONTACT US

West Perth Office
Level 2, 30 Richardson St.
West Perth, WA 6005

Tel: +61 8 6245 0060
Metgasco Ltd  ACN 088 196 383