re: Ann: MOG: Completion of Farmout to Oil Ba...
halberd45 Unfortunately, the royaly with exxon and BHP does not relate to our OBL.
Taken from OBL's IPO presentation back in 2006. http://www.oilbasins.com.au/obl-ipo-presentation-15june06.pdf
Third point on Dsiclaimer slide (slide 2): "Applicants and all other persons reading this Presenatation & Prospectus should note that Oil Basins Limited (ACN 006 024 764) is not the legal entity/corporation of the same name registered in Bermuda ("the Bermuda Corporation") and does not dispense the BHP Billiton Petroleum-Exxon Mobil Weeks Royalty pertaining to oil & gas production from Bass Strait. None of the Company or its Directors or officers are associated with the Bermuda Corporation and the Company has no interest in any such royalty."
OBL Price at posting:
2.2¢ Sentiment: LT Buy Disclosure: Held