June 9 (Reuters) - Byron Energy Ltd (BYE) :
- Byron secures development funding for sm 71 (BYE)
- Says entered into a heads of agreement with Metgasco Ltd
- Byron and Metgasco have agreed on terms of convertible note for up to $A8
million, providing Byron with funding for sm 71 project development
- Says Metgasco will be granted an opportunity to participate in future Byron
projects