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peak oil & gas ltd (RSMAF) Snapshot

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peak oil & gas ltd (RSMAF) 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 (RSMAF) 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 (RSMAF) Key Developments

Octanex N.L. Announces Partial Repayment of Loan by Peak Oil & Gas Limited and Peak Oil & Gas (Australia) Pty Ltd

Octanex N.L. announced that it has received $700,000 as a partial repayment of the secured loan outstanding to Octanex by Peak Oil & Gas Limited and Peak’s subsidiary Peak Oil & Gas (Australia) Pty Ltd. This results from the sale by POGA of its interests in the South Block a production sharing contract in North Sumatra, Indonesia. POGA’s sale transaction was structured such that POGA received consideration of $800,000, of which $100,000 has been retained by POGA in order to fund Peak’s minimal outgoings, with $700,000 paid to Octanex. Following the application of the $700,000 partial repayment, the balance of the outstanding Peak loan including interest is approximately $1,274,475. The remaining loan is secured by a charge over the assets of Peak and POGA. The monies repaid by Peak will provide working capital for Octanex as it implements its portfolio strategy to reduce exposure to exploration and to include the acquisition of near-term production assets which have the capacity to provide future cash flow generation.

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.


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