Metgasco Ltd · ASX:MEL
Metgasco — Shareholder Meeting (November 2016)
11 slides from Metgasco's shareholder meeting presentation, Nov 24, 2016
Slide 1: Annual General Meeting Chairman's Address Presentation Slides
ASX / MEDIA RELEASE ASX Code: MEL For personal use only 24 November 2016 Annual General Meeting Chairman’s Address Presentation Slides Attached are the presentation slides for the Chairman’s Address at the Company’s Annual General Meeting that will be held at 10.00am today. About Metgasco: www.metga
Slide 2: Annual General Meeting
For personal use only Annual General Meeting Thursday, 24 November 2016
Slide 3: Disclaimer
Disclaimer This presentation is being provided for the sole purpose of providing the recipients with background information about Metgasco Ltd For personal use only (Metgasco). No representation, express or implied, is made as to the fairness, accuracy, completeness or correctness of information con
Slide 4: Metgasco's Settlement with NSW Government
Metgasco’s Settlement with NSW Government In May 2014 the NSW government unlawfully suspended Metgasco’s drilling For personal use only approval: Successful court action followed and drilling suspension was lifted; No compensation rights were awarded, only costs. For compensation, Metgasco h
Slide 5: Close down of operations in Northern Rivers region
Close down of operations in Northern Rivers region For personal use only As a result of the settlement with the Government of NSW Metgasco cessed all operations in norther NSW by the end of 2015; Wells decommissioned and sites rehabilitated at the beginning of 2016; Casino shop front and works
Slide 6: Metgasco Board of Directors changes
Metgasco Board of Directors changes Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov For personal use only 2015 2016 2016 2016 2016 2016 2016 2016 2016 2016 2016 2016 23 Philip Non-Executive Director Amery 8 Len Non-Executive Director (previously Chairman) Gill 8 Greg Chairman (previously Non-Executi
Slide 7: New Business - Byron Energy Limited
New Business - Byron Energy Limited (ASX:BYE) Convertible Note Deed: For personal use only Exposure over BYE Gulf of Mexico project (SM70/71) via a secured loan to BYE: - Attractive loan terms to provide robust free cash flow; - Maximum exposure for MEL approx. A$7.8m; - Convertible rights in fa
Slide 8: Bivouac Peak Farm-In
Bivouac Peak Farm-In For personal use only Deep Prospect - potential Future Exploration Well: Gross Prospective Resource target 52 Bcf + 4.7 Mmbo (13,331 Mboe) 400 Acres; 2 stacked objectives East Prospect - Proposed well # 1: Gross Prospective Resource target 126 Bcf + 11.3 Mmbo (32,270 Mboe)
Slide 9: Bivouac Peak Farm-In
Bivouac Peak Farm-In For personal use only Page 8
Slide 10: Partial Capital Return to Shareholders
Partial Capital Return to Shareholders For personal use only Return of Capital Resolution was approved on 12 September 2016 General Meeting of Shareholders; $0.025 per share; Subject to ATO Class Ruling; Total return to Shareholders $9,961,620 Record Date: 7pm, 11 November 2016 Payment D
Slide 11: Going forward
Going forward For personal use only Board working actively on identifying, analysing and pursuing further transactions, partnerships and acquisitions Page 10