Now including conventional gas in sale so this could encourage a...

Now including conventional gas in sale so this could encourage a big multinational partner - If was just CSG then unlikely to have attracted anyone now given too many players.



Expansion of PEL 16 sale process to include conventional gas assets following strong interest from sale process participants. Last quarter Metgasco commenced a process to sell down up to 50% of its coal seam gas interests in PEL 16. Following requests from interested parties, the Company has now expanded this process to include the conventional gas assets in PEL 16, which will include the Kingfisher gas field and a number of other leads and prospects. The timetable for this process has consequently been extended to allow participants to review additional information.