Business
AGM Statement - Amendment
AGM Statement - Amendment.
About this update from Xtract Resources Plc
[{"type":"text","content":"\n Xtract Energy plc\n31 July 2007\n\n\n31 July 2007\nAIM: XTR\n\n\n XTRACT ENERGY PLC\n ('Xtract' or the 'Company')\n AGM\n\n\nThis announcement replaces RNS announcement number 2126B which was released\nin error and should be disregarded.\n\nThe Company announces that the resolutions proposed at the annual general\nmeeting of the Company held earlier today were all duly passed.\n\n\nEnquiries please contact:\n\nXtract Energy plc\nAndy Morrison, CEO +44 (0) 20 7079 1798\n\nSmith & Williamson Corpororate Finance Limited\nDavid Jones +44 (0) 20 7131 4000\nAzhic Basirov\n\nFor further Information on Xtract and to view the information to be disclosed\nunder AIM Rule 26 please visit www.xtractenergy.co.uk\n\n\nAbout Xtract Energy plc\n\nXtract identifies and invests in a diversified portfolio of early stage energy\nsector technologies and businesses with very significant growth potential. We\naim to work closely with the associated management teams to achieve critical\nproject milestones, to finance later development stages and to build and\ncrystallise value for all shareholders and partners.\n\nA short description of the principal assets of Xtract is set out below. These\nassets are either held directly or through wholly owned subsidiaries of the\nCompany.\n\nMEO Australia\n\nMEO is focused on developing gas-to-liquids ('GTL') projects in the Timor Sea\nAustralia, in an area of shallow water known as Tassie Shoal. It has secured\nCommonwealth Government environmental approvals for two large scale (1.8 Mtpa)\nmethanol plants (50 per cent. interest) and a 3 Mtpa LNG plant (100 per cent.\ninterest) offshore located in the heart of the gas fields.\n\nElko Energy\n\nElko is an oil & gas exploration company which has an interest in a 5,400km2\nexploration and production licence in the Danish North Sea and an investment in\nDragon Energy Inc, a private Canadian company with a development project in\nGansu Province, China.\n\nWasabi and Aviva\n\nWasabi is a diversified investor in renewable energy and low greenhouse emission\ntechnologies, with interests in geothermal waste/heat, uranium exploration in\nAustralia's Northern Territory and biodiesel investments in Victoria.\n\n\nAviva is quoted on the Australian Stock Exchange with its head office in Perth,\nWestern Australia. Aviva is growing a portfolio of energy assets with its m...