G3 Exploration Ltd - Corporate Update
In update to the
The JPLs are independent officers of the Court. The primary roles of the JPLs are, broadly, to preserve and protect the Company's assets and identify any opportunities which may exist to restructure or refinance the Company.
The JPLs have until 5th
Effective immediately, the Company has changed its reporting yearend to 31st March of each year. As such, the audited report for 2019 shall be published for a fifteen-month period ending 31st March, 2020.
The change in fiscal yearend to March will facilitate the expected material transactions to be concluded and financials reflected fairly."
G3E is a leading independent gas producer with operations in
The company is committed to an exploration and appraisal focused business plan in coal bed methane development across three geographies concurrently. It has a well-established track record and demonstrated expertise in gas monetisation through three basic principles:
· Focus on core intellectual aptitude in developing coal bed methane
· Develop assets in an environmentally and socially prudent manner
· Protect accreted shareholder value
This information is provided by RNS, the news service of the
Quick facts: G3 Exploration Ltd
Market Cap: £43.86 m
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