European Gas Limited, is a hydrocarbon explorer/developer with projects in western Europe. The strategy of the company is to develop Coal Bed Methane and Coal Mine Methane projects, in particular, in France where the company holds a significant competitive advantage with major holdings under licence.
The European natural gas market is substantial with advanced infrastructure, including extensive pipeline networks and a free and open market.
LATEST NEWS
Martin Place Securities Initial Coverage 13 February 2006
EPG Financial Review Article
Second Quarter Activities and Cashflow Report
Grant of Exploration and Research Permits, Italy
Change of Name and ASX Code
There has been recent significant natural gas price increases across Europe. At Zeebrugge (where gas comes ashore in Belgium) forward contracts as at end October 2005 increased from 43.95p per therm (£4.34 per thousand cubic feet (mcf) for November 2005 delivery to 70.65p per therm (£6.98 per mcf) for January 2006 delivery. Towards the end of 2005, the United Kingdom day ahead gas price increased significantly to 170p per therm (£16.80 per mcf) reducing to 109p per therm (or £10.77 per mcf).
Twenty Largest Holders of Ordinary Securities
as at 10 February 2006
Number of Fully
Paid Ordinary
Shares
%
1
NEFCO NOMINEES PTY LTD
16,720,000
11.94
2
WESTPAC CUSTODIAN NOMINEES LIMITED
6,680,000
4.77
3
ANZ NOMINEES LIMITED
4,662,817
3.33
4
NATIONAL NOMINEES LIMITED
3,392,000
2.42
5
CITICORP NOMINEES PTY LIMITED
2,697,000
1.93
6
PATERMAT PTY LTD
2,000,000
1.43
7
TRAVELLY PTY LTD
2,000,000
1.43
8
MR SHANE BACH
1,700,000
1.21
9
MR RUSSELL THOMAS HARRIS + MRS RHODA JOY HARRIS
1,500,000
1.07
10
ODESSEY INTERNATIONAL PTY LTD
1,500,000
1.07
11
PYNC PTY LTD
1,500,000
1.07
12
BAYONET INVESTMENTS PTY LTD
1,400,000
1.00
13
TRICOM NOMINEES PTY LTD
1,399,000
1.00
14
PATICOA NOMINEES PTY LTD
1,222,742
0.87
15
CLOVA HOLDINGS PTY LTD
1,115,000
0.80
16
FORTY TRADERS LIMITED
1,100,000
0.79
17
AMBRE INVESTMENTS PTY LTD
1,062,600
0.76
18
MR NEIL THACKER MACLACHLAN
1,000,000
0.71
19
TALEX INVESTMENTS PTY LTD
1,000,000
0.71
20
UMBRIAM PTY LTD
1,000,000
0.71
54,651,159
39.02
LATEST NEWS
Martin Place Securities Initial Coverage 13 February 2006
EPG Financial Review Article
Second Quarter Activities and Cashflow Report
Grant of Exploration and Research Permits, Italy
Change of Name and ASX Code
Twenty Largest Holders of Ordinary Securities
as at 10 February 2006
Number of Fully
Paid Ordinary
Shares
%
1
NEFCO NOMINEES PTY LTD
16,720,000
11.94
2
WESTPAC CUSTODIAN NOMINEES LIMITED
6,680,000
4.77
3
ANZ NOMINEES LIMITED
4,662,817
3.33
4
NATIONAL NOMINEES LIMITED
3,392,000
2.42
5
CITICORP NOMINEES PTY LIMITED
2,697,000
1.93
6
PATERMAT PTY LTD
2,000,000
1.43
7
TRAVELLY PTY LTD
2,000,000
1.43
8
MR SHANE BACH
1,700,000
1.21
9
MR RUSSELL THOMAS HARRIS + MRS RHODA JOY HARRIS
1,500,000
1.07
10
ODESSEY INTERNATIONAL PTY LTD
1,500,000
1.07
11
PYNC PTY LTD
1,500,000
1.07
12
BAYONET INVESTMENTS PTY LTD
1,400,000
1.00
13
TRICOM NOMINEES PTY LTD
1,399,000
1.00
14
PATICOA NOMINEES PTY LTD
1,222,742
0.87
15
CLOVA HOLDINGS PTY LTD
1,115,000
0.80
16
FORTY TRADERS LIMITED
1,100,000
0.79
17
AMBRE INVESTMENTS PTY LTD
1,062,600
0.76
18
MR NEIL THACKER MACLACHLAN
1,000,000
0.71
19
TALEX INVESTMENTS PTY LTD
1,000,000
0.71
20
UMBRIAM PTY LTD
1,000,000
0.71
54,651,159
39.02
LATEST NEWS
Martin Place Securities Initial Coverage 13 February 2006
EPG Financial Review Article
Second Quarter Activities and Cashflow Report
Grant of Exploration and Research Permits, Italy
Change of Name and ASX Code
Twenty Largest Holders of Ordinary Securities
as at 10 February 2006
Number of Fully
Paid Ordinary
Shares
%
1
NEFCO NOMINEES PTY LTD
16,720,000
11.94
2
WESTPAC CUSTODIAN NOMINEES LIMITED
6,680,000
4.77
3
ANZ NOMINEES LIMITED
4,662,817
3.33
4
NATIONAL NOMINEES LIMITED
3,392,000
2.42
5
CITICORP NOMINEES PTY LIMITED
2,697,000
1.93
6
PATERMAT PTY LTD
2,000,000
1.43
7
TRAVELLY PTY LTD
2,000,000
1.43
8
MR SHANE BACH
1,700,000
1.21
9
MR RUSSELL THOMAS HARRIS + MRS RHODA JOY HARRIS
1,500,000
1.07
10
ODESSEY INTERNATIONAL PTY LTD
1,500,000
1.07
11
PYNC PTY LTD
1,500,000
1.07
12
BAYONET INVESTMENTS PTY LTD
1,400,000
1.00
13
TRICOM NOMINEES PTY LTD
1,399,000
1.00
14
PATICOA NOMINEES PTY LTD
1,222,742
0.87
15
CLOVA HOLDINGS PTY LTD
1,115,000
0.80
16
FORTY TRADERS LIMITED
1,100,000
0.79
17
AMBRE INVESTMENTS PTY LTD
1,062,600
0.76
18
MR NEIL THACKER MACLACHLAN
1,000,000
0.71
19
TALEX INVESTMENTS PTY LTD
1,000,000
0.71
20
UMBRIAM PTY LTD
1,000,000
0.71
54,651,159
39.02
LATEST NEWS
Martin Place Securities Initial Coverage 13 February 2006
EPG Financial Review Article
Second Quarter Activities and Cashflow Report
Grant of Exploration and Research Permits, Italy
Change of Name and ASX Code
European Gas Limited, is a hydrocarbon explorer/developer with...
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