Who ? Who placed the offer
Date: 24 July 2007
To: Companies Announcements Office, ASX
Electronic Lodgement:
Subject: Offers for Petroleum Assets Rejected
Number of pages: 1
Eagle Bay Resources NL (EBR) has received two significant written offers for various
petroleum assets, both of which included EBR’s interests in PEL-182, and one of which was
for cash.
The Board of EBR has formally rejected both offers as it believes that greater shareholder
value can be created with further development work on the Vanessa Gas Discovery in PEL-
182 and developments coming up in the offshore Gippsland Basin where EBR holds interests
in three permits – VIC P41, VIC P47 and VIC P65.
significant written offers petroleum assets
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