Sydney, Nov 24, 2016 AEST (ABN Newswire) - Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is pleased to provide the company's Entitlement Offer Document.

A non-renounceable entitlement offer of 1 New Share for every 3.2 Shares held by Eligible Shareholders registered as at 7.00 pm on 29 November 2016 at an issue price of $0.15 per New Share to raise approximately $11 million (before costs).

The Offer is fully underwritten.

The Closing Date of the Entitlement Offer is 12 December 2016.

To view the entire Entitlement Offer Document, please visit:
http://abnnewswire.net/lnk/M6UGT7K7


About Petsec Energy Ltd

Petsec Energy LtdPetsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is an independent oil and gas exploration and production company listed on the Australian Stock Exchange. It has operations in the shallow waters of the Gulf of Mexico and state waters of the Louisiana Gulf Coast region of the USA, and exploration activities in the Gulf Coast onshore and bay areas of Texas and Louisiana, USA and Yemen.

 


Contact

Mr. Paul Gahdmar
Company Secretary & Group Financial Controller
Petsec Energy Ltd
T: +61-2-9247-4605

Mr. Manny Anton
Head of Investor Relations
Petsec Energy Ltd
T: +61-2-9247-4605
www.petsec.com.au



Related Companies

Petsec Energy Ltd             

ABN Newswire This Page Viewed:  (Last 7 Days: 13) (Last 30 Days: 63) (Since Published: 1880) 
ANALYTICS: LOGIN HERE

Petsec Energy Ltd NEWS: RECENT VISITS (2698)