Metgasco Limited, an Australian oil and gas exploration company, revealed the following:
Metgasco has received advice from the NSW Office of Coal Seam Gas that it must suspend all work on the Rosella E-01 exploration well in New South Wales (NSW), Australia until the Company can demonstrate to the satisfaction of the Office of Coal Seam Gas that Metgasco has complied with condition 8 of the PEL 16 exploration license regarding community consultation.
Metgasco is confident that it is in compliance with the PEL 16 licence conditions and is seeking to demonstrate this to government.
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Metgasco Limited
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