wa petroleum & geothermal register wa-360-p, page-49

Great work Sheepdog,

I have a suggestion in relation to MOG's response to the ASX: Of course a company does not have to release commercially sensitive information unless it "has
ceased to be confidential".

There is also the aspect that MOG would probably be under a secrecy clause in respect of the side agreement, so any public ann. may be in breach. Of course, if this information ceased to be confidential, then the statutory requirement of public release/trading halt etc would take precedence over the commercial agreement.

But unless and until that occurred, MOG can explain that SP movement has possibly occurred, as a result of speculation regarding a potential agreement between MEO and a third party. As MOG is not a party to this potential agreement (only the confidential side agreement), it has no basis to request a trading halt.

I'm not sure if a trading halt can be requested in the event that there concern that undue speculation may occur in relation to the activities of other separate (but related) entities.

Thoughts?


John S.


Disc: I hold MOG