Metgasco announces that on Friday, 4 September, it served a statement of claim on the NSW Government for damages associated with the unlawful suspension of its Rosella drilling program in 2014. The matter will be heard in the NSW Supreme Court on dates that are yet to be defined.
In 2014, Metgasco took the NSW Government to the Supreme Court to have the drilling suspension lifted. In April 2015, the Supreme Court found in favour of Metgasco - the NSW Government had acted unlawfully in suspending Metgasco’s drilling approval on three major grounds. Since then Metgasco has sought compensation without the need for court action, but to date has not been successful in this regard.
Peter J Henderson, Managing Director & CEO
Sean Hooper, Chief Financial Officer
Phone: +61 02 9923 9100
Helen McCombie, Citadel
(02) 9290 3073 or 0411 756248