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Last €0.0010 EUR
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RJS On Other Exchanges
As of 3:14 AM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

peak oil & gas ltd (RJS) Snapshot

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08/5/14 - €0.04
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peak oil & gas ltd (RJS) Details

Peak Oil & Gas Limited explores and develops oil and gas properties. It holds interests in Sunday Creek uranium project located in Australia. The company was formerly known as Raisama Energy Limited. Peak Oil & Gas Limited is based in West Perth, Australia.

peak oil & gas ltd (RJS) Top Compensated Officers

Managing Director, Director and Member of Aud...
Total Annual Compensation: A$225.8K
Technical Director and Executive Director
Total Annual Compensation: A$225.8K
Company Secretary and Director
Total Annual Compensation: A$28.5K
Compensation as of Fiscal Year 2014.

peak oil & gas ltd (RJS) Key Developments

Peak Oil & Gas Limited Announces Change of Registered Address

Peak Oil & Gas Limited announced that effective, its registered office address has changed as follows: Registered office: Level 21, 500 Collins Street, Melbourne Vic 3000.

Peak Oil & Gas Limited, Special/Extraordinary Shareholders Meeting, May 01, 2015

Peak Oil & Gas Limited, Special/Extraordinary Shareholders Meeting, May 01, 2015., at 11:00 E. Australia Standard Time. Location: The Institute of Chartered Accountants in Australia. Agenda: To approve the sale of indirect interest in South Block A.

Octanex N.L. Enters into an Amended and Restated Loan Agreement and Associated Security Documentation with Peak Oil & Gas Limited and Peak Oil & Gas (Australia) Pty Ltd

Octanex N.L. announced that it has entered into an Amended and Restated loan agreement and associated security documentation with Peak Oil & Gas Limited and with Peak's wholly owned subsidiary Peak Oil & Gas (Australia) Pty Ltd. (POGA) (together Peak Group). On December 31, 2014 Octanex agreed to reschedule Peak's debt due to Octanex of approximately $1.95 million. As a first step in that process, Octanex agreed to extend the due date for repayment of the debt until 1 March 2015 in order for detailed agreements to be entered into. Peak Group's indebtedness to Octanex is fixed as at 31 December 2014 at $1,953,815 which, from 1 January 2015, will bear interest at the RBA cash rate from time to time. Unpaid interest will be capitalised. The revised terms provide for extensions of the Due Date for payment of Peak Group's debt to Octanex on a recurring 60 day cycle with possible extensions on a rolling basis for a maximum of 18 months from 31 December 2014 to 30 June 2016, subject to Octanex not terminating the arrangement at any time during a 60 day period. During each 60 day extension period Peak Group and Octanex will consult as to steps being taken or available to Peak Group to repay its indebtedness to Octanex. The loan documentation has been revised with an Amended and Restated Loan Agreement being entered into and both Peak and POGA have, pursuant to a further ASX waiver granted on 27 February 2015, granted charges over their assets to secure repayment of the Peak Group's indebtedness in due course. Peak's debt to Octanex may be able to be satisfied, repaid or otherwise discharged over the remaining 16 month period including by way of, but not limited to, proceeds of sale of assets and/or future capital raisings by Peak.


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