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ASX Announcement28 September 2012Nexus Energy Limited ABN 64 058...

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    ASX Announcement
    28 September 2012
    Nexus Energy Limited ABN 64 058 818 278 ¦ Level 23, 530 Collins Street, Melbourne Victoria 3000
    Phone: +613 9660 2500 ¦ Fax: +613 9654 9303 ¦ Website: www.nexusenergy.com.au Page 1 of 1
    Crux AC/L9 - Completion Process Update
    Completion process progressing with Shell and Osaka Gas receiving FIRB approvals
    As announced on 3 August 2012, Nexus Energy Limited (by its subsidiary Nexus Energy WA Pty Ltd) (Nexus) executed binding agreements with Shell Developments (Australia) Pty Ltd and Osaka Gas Co., Ltd. (by its subsidiary Osaka Gas Crux Pty Ltd) for the consolidation of interests in relation to the Crux AC/L9 asset.
    Completion of this transaction is targeted for October 2012 and is subject to FIRB approvals (with respect to each of Shell and Osaka Gas) and Title Registration Approvals. Nexus advises that both Shell and Osaka Gas have provided confirmation that they have received FIRB approvals.
    Lucio Della Martina For further information please contact:
    Chief Executive Officer Susan Robutti – Company Secretary
    Ph: +61 (0)3 9660 2500
 
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