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Last A$0.0040 AUD
Change Today -0.001 / -20.00%
Volume 679.1K
GGX On Other Exchanges
As of 12:16 AM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

gas2grid ltd (GGX) Snapshot

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52 Week High
08/28/14 - A$0.02
52 Week Low
06/11/15 - A$0.0040
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Current Stock Chart for GAS2GRID LTD (GGX)

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gas2grid ltd (GGX) Details

Gas2Grid Limited engages in the exploration of oil and gas in the Philippines and France. It primarily holds a 100% interest in the Service Contract 44 covering an area of approximately 750 square kilometers located on Cebu Island in the Philippines; and St. Griede license covering an area of approximately 1,238 square kilometers in onshore Aquitaine Basin, France. The company was founded in 2004 and is headquartered in Sydney, Australia.

Founded in 2004

gas2grid ltd (GGX) Top Compensated Officers

Managing Director and Executive Director
Total Annual Compensation: A$145.0K
Financial Consultant, Executive Director, Cha...
Total Annual Compensation: A$121.0K
Compensation as of Fiscal Year 2014.

gas2grid ltd (GGX) Key Developments

GAS2GRID LTD. Plans $1.1 Million Program for Cebu Oil Field

GAS2GRID LTD. plans a $1.1-million technical program for Service Contract (SC) 44 located onshore Cebu. The company said it will commence the Malolos oil field technical program to fully appraise and develop the resource area. This came after it secured a two-year technical moratorium from the Energy department, allowing the company to apply for 25-year production term of SC 44 until Jan. 28, 2017. The work commitments are divided into two periods, with the first year entailing $100,000 in spending and the second, a $1-million investment. The first year - which will run from Jan. 28, 2015 to Jan. 27, 2016 - focuses on research, implementation of enhancement program, oil testing, technical analysis and detailed mapping of the Malolos oil field. Meanwhile, the second year -from Jan. 28, 2016 to Jan. 27, 2017 - involves completion of research in coordination with experts and contractors. This phase will entail the determination of well design, completion of production well using new technology, and commencement of oil production test.

Gas2grid Limited, Annual General Meeting, Nov 27, 2014

Gas2grid Limited, Annual General Meeting, Nov 27, 2014., at 10:30 E. Australia Standard Time. Location: Macquarie Graduate School of Management,. Agenda: To consider remuneration report; to approve election of Mr. Darren W Reeder as director; to approve issue of shares to Mr. Patrick W V M Sam Yue under Employee Incentive Plan; to approve issue of shares to directors Mr. David A Munns, Mr. Dennis J Morton, Mr. Darren W Reeder and Mr. Patrick Sam Yue as payment of outstanding fees; and to approve issue of up to 200,000,000 new shares.

Gas2grid Limited Auditor Raises 'Going Concern' Doubt

Gas2grid Limited filed its Annual on Sep 30, 2014 for the period ending Jun 30, 2014. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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