Below for the information of my fellow travellers in disgust of...

Below for the information of my fellow travellers in disgust of the scurrilous OIP/GGX merger. I have replaced my real name on my email to ASIC with my HC name "Fairgopat". Were any of you also to pen an email to ASIC along the same lines and referencing this post that would do us no harm. Let ASIC know that there is an audience awaiting their determination. Email addresses are:
[email protected]
[email protected]

----- Original Message -----
From: "Fairgopat"
To: Elizabeth Korpi
Cc: Claire LaBouchardiere ; Christie Furness
Sent: Saturday, January 23, 2010 2:00 PM
Subject: Re: Orion Petroleum Limited & Gas2Grid Limited... URGENT

Dear Elizabeth Korpi,

Thank you for your letter and invitation for further discussion.

I note your advice that the vote by OIP shareholders on Dennis Morton's 30.4 million GGX shares being acquired by OIP (Resolution 1) will in fact be a vote by OIP shareholders on the OIP/GGX merger itself.

I note in the Notice of Meeting documents that:

"The Company will disregard any votes cast on Resolution 1 by:
- Dennis Morton and/or Burnside Pty Limited; and
- Any associate of either or both of Mr Dennis Morton and Burnside Pty Limited."

Please correct me if I am mistaken, but the reason for that exclusion is that Dennis Morton is a shareholder in OIP while at the same time he is also a shareholder in GGX and as such he has a CONFLICT OF INTEREST in voting on a Resolution as put by the OIP Board in relation to OIP acquiring GGX shares. Were he to exercise his vote in regards to Resolution 1 as an OIP shareholder, Dennis Morton would be accused of Misconduct.

It is his dual shareholding that creates his conflict of interest and NOT his being the Chairman of OIP. Please confirm.

However a large number of OIP's top 20 shareholders and are also shareholders in GGX. Like Dennis Morton they will also have a CONFLICT OF INTEREST in exercising their vote in relation to Resolution 1.

The question for which I seek an answer from ASIC's Corporations Team is thus: Should those OIP shareholders who, like Dennis Morton, also hold shares in GGX also be excluded from voting on Resolution 1?

Because the General Meeting of shareholders of OIP is for 11am this coming Wednesday 27th January, an expeditious reply would be much appreciated and as well, if necessary, advice to the Chairman of that meeting.

Regards
"Fairgopat"
Foundation Shareholder in OIP

----- Original Message -----
From: Elizabeth Korpi
To: "Fairgopat"
Cc: Claire LaBouchardiere
Sent: Tuesday, December 22, 2009 12:34 PM
Subject: Orion Petroleum Limited & Gas2Grid Limited [SEC=IN-CONFIDENCE]

Dear Mr "Fairgopat"

Please find enclosed a letter in response to your email correspondence to ASIC on 19 November 2009, 9 and 15 December 2009 in relation to Gas2Grid Limited's proposal to merge with Orion Petroleum Limited by way of a scheme of arrangement.

Regards

Elizabeth

Elizabeth Korpi | Lawyer | Corporations | ASIC | Level 18, No. 1 Martin Place Sydney NSW 2000 | ' 61 2 9911 2481 | 7 61 2 9911 5231 | * [email protected]