Inactive Instrument

PETSEC ENGY

Equities

PSA

AU000000PSA3

Oil & Gas Exploration and Production

Petsec Energy Ltd Auditor Raises 'Going Concern' Doubt

February 23, 2022

Petsec Energy Ltd filed its Annual on Feb 24, 2022 for the period ending Dec 31, 2021. In this report its auditor, MNSA, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Latest news about PETSEC ENGY

Petsec Energy Ltd Reports Earnings Results for the Full Year Ended December 31, 2021	22-02-24	CI
Petsec Energy Ltd Auditor Raises 'Going Concern' Doubt	22-02-23	CI
Petsec Energy Ltd Reports Earnings Results for the Half Year Ended June 30, 2021	21-08-26	CI
Petsec Energy Ltd Reports Earnings Results for the Full Year Ended December 31, 2020	21-04-26	CI
Fiat Chrysler Automobiles N : CORRECTED (OFFICIAL)-UPDATE 1-Fiat Chrysler to invest 755 mln zlotys in Poland, says Deputy PM	20-12-29	RE
Petsec Energy Ltd Appoints Brent Emmett as Technical Director	20-11-12	CI
A privately held U.S. exploration and production company based in Houston completed the acquisition of U.S. oil and gas interests in the Hummer, Mystic Bayou and Jeanerette Fields of Petsec Energy Ltd for $0.6 million.	20-10-30	CI
Petsec Energy Ltd Appoints Mr. Barry Dawes and Mr. Francis Douglas QC, as Non-Executive Directors to the Board	20-09-29	CI
Petsec Energy Ltd Announces Relocation of Corporate and Registered Business Address	20-08-05	CI
A privately held U.S. exploration and production company based in Houston signed an agreement to acquire U.S. oil and gas interests in the Hummer, Mystic Bayou and Jeanerette Fields of Petsec Energy Ltd.	20-08-05	CI
Petsec Energy Ltd announced that it has received AUD 0.2 million in funding	20-05-18	CI
Petsec Energy Ltd Announces Resignation of David Mortimer AO and Alan Baden as Non-Executive Directors	20-04-30	CI
Petsec Energy Ltd Announces Resignation of Syed Bokhari as Managing Director	20-04-30	CI
Petsec Energy Ltd announced that it expects to receive AUD 0.6 million in funding	20-04-29	CI
Petsec Energy Ltd Reports Earnings Results for the Full Year Ended December 31, 2019	20-02-27	CI
Petsec Energy Ltd. Reports Production Results for the Full Year Ended December 31, 2019	20-02-27	CI
Petsec Energy Ltd Auditor Raises 'Going Concern' Doubt	20-02-27	CI
Petsec Energy Ltd Relocates Sydney Office to BMA House	19-11-13	CI
Petsec Energy Ltd Relocates Sydney Office to BMA House	19-11-13	CI
Petsec Energy Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019	19-08-26	CI
Petsec Energy Ltd Announces Executive Changes	19-04-16	CI
Petsec Energy Ltd. Reports Audited Consolidated Earnings and Production Results for the Full Year Ended December 31, 2018	19-03-31	CI
Petsec Energy Ltd Announces Results of Main Pass 273 B-2 Well	19-03-24	CI
Petsec Energy Ltd. Reports Consolidated Earnings and Production Results for the Full Year Ended December 31, 2018	19-02-24	CI
Petsec Energy Ltd Auditor Raises 'Going Concern' Doubt	19-02-24	CI

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Company Profile

Petsec Energy Ltd is an independent oil and gas exploration and production company. The Company holds interests in two onshore blocks in the Republic of Yemen, 80 kilometers apart in the Marib Basin Damis (Block S-1) production license and Al Barqa, Block 7, exploration license. In the Middle East North Africa, the Company holds 100% working interest in the block of 1,152 square kilometers (284,665 acres), located in the Shabwah/Marib Oil Basin. The Damis Block S-1 production license in the Shabwah Governate contains five oil and gas fields, with target resources of approximately 54 million barrels of oil and 550 Bcf of natural gas. Its Nagyah Oilfield includes 32 wells, and associated production facilities capable of producing approximately 20,000 barrels of oil per day (bopd), connected by an 80,000 bopd pipeline to Block 5 and the Marib Pipeline which terminates at the Ras Isa Oil Export Terminal on the Red Sea to the West.

Sector

Oil & Gas Exploration and Production

Calendar

2024-08-26 - Q2 2024 Earnings Release (Projected)

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