entry into new exploration venture apparently
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entry into new exploration venture apparently
We can speculate but it really could be anything.
Received an approach from another company?
Looking to spend some of that big kitty on a new acquisition? either a small oily or a juicy asset?
Vietnam?
Exciting times!
:cool:
There's a page 2, as always.
With ASX, they actually give you all the info, on time and for free, unlike the pathetic NZX who want pay per view.......
http://asx.com.au/asx/statistics/todayAnns.do
28 September, 2009
Emma Badhni
Companies Advisor
Australian Securities Exchange
Exchange Centre
20 Bridge Street
Sydney NSW 2000
Dear Emma,
Re: Pan Pacific Petroleum NL (“PPP”) Request for Trading Halt
PPP requests that the ASX grant a Trading Halt under Listing Rule 17.1, to apply
from the commencement of trading on Monday 28 September, 2009 pending the
anticipated announcement of entry into a new exploration venture.
PPP requests that the Trading Halt end on the earlier of the commencement of
normal trading on September 30, 2009 or such time as the anticipated
announcement regarding the above transaction is released to the market.
PPP is not aware of any reason why the Trading Halt should not be granted.
Thanks for that.
That narrows the field a bit!
;)
another permit buyin is a possiblity
M
not with NOG though, no halt there
Trading Halt for an 'Exploration Play' ... how ridiculous.
M