Sign up Australia
Proactive Investors - Run By Investors For Investors

Oil Basins in pre-open

Oil Basins in pre-open

Oil Basins (ASX: OBL) is in pre-open this morning following the ASX granting the company a trading halt.

OBL requested the halt pending an announcement to the market in relation to the Federal Court Appeal decision on the Derby Block in the Canning Basin, Western Australia.

The company has been informed that the Federal Court judgement in the future act appeal matter regarding the Derby Block (WAD80/2013) will be handed down at 11am Perth time on Monday 23 December 2013.

The halt will remain in place until the opening of trade on Tuesday 24th December 2013, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

View full OBL profile View Profile

Oil Basins Timeline

Newswire
January 07 2015
Newswire
September 16 2014

Related Articles

oil well onshore
March 09 2017
Cantor Fitzgerald starts off its coverage of the junior oil firm with a ‘buy’ recommendation.
two oil rigs in the North Sea
November 01 2016
The challenging oil and gas markets have forced Plexus to make fundamental changes to its business, changes which it says have made it a stronger company than when the downturn set in
picture of Chinese city
February 02 2017
Green Dragon Gas is China-focused and specialises in extracting gas locked into the huge coal beds the run underneath the country.

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use