Gas2Grid Limited : Investor Fact Sheet
01/31/2012 | 08:36pm
1 February 2012
The Company Announcements Office
ASX Limited
INVESTOR FACT SHEET
We attach a copy of an Investor Fact Sheet providing a
current snapshot on the Company and which is being made
available to investors.
The Company is currently in discussion with potential farm-in
partners with an interest to participate in the drilling of 3
new exploration wells within Service Contract 44 on Cebu
Island in the Philippines in the first half of 2012.
Assessment of the various options available to secure a
drilling rig is also well advanced.
The Company is also assessing the most cost effective way to
flow test the deeper oil and gas bearing intervals in the
Malolos-1 well - this includes an option to combine the
testing program with the drilling of the three new wells and
using the same equipment.
Patrick Sam Yue
Company Secretary
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Gas2Grid Limited
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Level 11, 10 Bridge Street
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PO Box R1911
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T +61 2 8298 3688
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ABN 46 112 138 780
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Sydney NSW 2000
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Royal Exchange NSW 1225
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F +61 2 8298 3699
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www.gas2grid.com
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Australia
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Australia
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office@gas2grid.com
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Gas2Grid Limited
INVESTOR FACT SHEET - 1 February 2012
Introduction
Gas2Grid Ltd (listed on Australian Securities Exchange since
2005 with ASX Code: GGX) is an Australian company established
in 2004 with a clear focus on the exploration for
conventional oil and gas discoveries in known petroleum
producing regions, primarily on Cebu Island, Philippines and
Aquitaine Basin in France.
The recent recovery of oil and gas and the finalizing of
three new, large, robust exploration drilling prospects from
within the GGX Philippines asset has affirmed the Board's
view that the Company's assets include a number of high value
initiatives, with low completion risk, capable of delivering
value to GGX shareholders.
Company Snapshot
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Shares on Issue
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401,355,546
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Share Price
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$0.05
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Market Capitalisation
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$20 million
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Major Shareholders
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Dennis Morton (MD) - 19.98% Darren Reeder (Non-Exec) -
12.35% David Munns (Chairman) - 7.58% Top 20 approx.
58%
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Investment Highlights
Immediate Work Programme to Attain Commercial Flow of
Previous Oil and Gas Discovery and for New Discovery of Oil
and Gas
