That Huntleys does not work.
The Company completed its acquisition of the key Perth Basin assets of
Empire Oil and Gas (WA) Pty Ltd on 8 December 2017 under the terms
of a DOCA agreed with creditors. The administration / receivership of
Empire Oil and Gas NL and other subsidiary companies in the Empire
group remains on foot and are expected to conclude in the next few
months.
During the quarter, efforts to recommence gas production from
Empire’s Red Gully well were unsuccessful and the Company is
considering its options for this operation. Exploration assets acquired
from Empire are highly prospective for gas and the Company is
considering an exploration programme in respect of these Perth Basin
tenements.
Morgen nothing will happen with ASIC as not any SH has submitted any fact only suspicions and that is not their job to investigate every company to see if they have done any wrong.
I know from personal experience they act immediately if given facts about wrong doing to prevent it going further.
Making mistakes is not a crime as we all made one and it may be found they make a few.
The administrators did not find any wrongdoing so what chance as any SH making a submission to ASIC.
The liquidator goes a bit deeper but I would bet my bottom dollar they would not find anything.
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