View in Other Languages ABN Newswire注目の株式:2010年2月9日 ABN Newswire의 관심주: 2010년 2월 9일 متابعة ABN Newswire  للأسهم في 9 شباط/ فبراير 2010 ABN Newswire 股票看点:2010年2月9日 ABN Newswire 股票看點:2010年2月9日 ABN Newswire Stocks to Watch: February 9, 2010 
ABN Newswire Stocks to Watch: February 9, 2010
ABN Newswire Stocks to Watch: February 9, 2010

Sydney, Feb 9, 2010 AEST (ABN Newswire) - Drillsearch Energy Limited (googlechartASX:DLS) (googlechartPINK:DRLLF) has appointed David Evans as the company's new Chief Technical Officer. David will oversee and manage all of the technical aspects of the company's exploration, development and production activities. David will start his role in early March 2010.

Pluton Resources Limited (googlechartASX:PLV) has received the final report from the CSIRO on upgrading iron concentrates using flotation. The test results show that flotation produces high quality concentrates from both the Yampi Member and Wonganin Sandstones from Irvine Island, Western Australia (E04/1172).

Marion Energy Limited (googlechartASX:MAE) (googlechartPINK:MAEJF) said its bankers, BNP Paribas Fortis and Fortis Netherlands, have approved an extension of the Company's bank credit facility to a maturity date of March 31, 2011, subject to final documentation. The credit facility currently is fully drawn to a balance of US$42 million. The repayments schedule will include a requirement for a reduction of the amount outstanding from US$42 million to US$37 million by June 30, 2010, a further reduction to US$32 million by September 30, 2010 and the remaining balance outstanding repayable by the maturity date of March 31, 2011.


Michelle Liang
Asia Business News Asia Bureau
TEL: +61-2-9247-4344

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