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WHITE SANDS PETROLEUM LIMITED (ASX.WSP)

ASX Announcements (courtesy of ASX)

20062007

ASX, Legal & CGT Status

SHARE PRICES

(updated at weekends)
2006 2007   ALL
Former (or subsequent) names
Shareholder links

 

REGISTRY:
MUFG Corporate Markets Limited (was Link Market Services)
Liberty Place Level 41 161 Castlereagh St Sydney NSW 2000 Locked Bag A14 Sydney South NSW 1235
Tel : 1300 554 474
Fax : (02) 9287 0303 or (02) 9287 0309 (for voting)
RegistryWebsite RegistryEmail

Company details
Address: c/- Horwath (Brisbane) Pty Ltd , Level 22 , 127 Creek Street , BRISBANE , QLD, AUSTRALIA, 4000
Tel:  (07) 5580 8065 Fax: (07) 5580 8670

Date first listed: 06/01/2006

Sector: Energy
Industry Group: XEJ
Activities: Petroleum exploration and production company

the capital raising necessary for the restructuring of the company and its reinstatement to quotation on ASX was unsuccessful - a meeting of creditors will be held on October 30 to consider the way forward

24/10/2007

directors advise of problems with receiving funds from the substantial investor despite assurances

15/10/2007

name changed to Maverick Drilling International Ltd

30/08/2007

the company will consolidate its share capital on a 2 for 3 basis on Friday 31 August 2007 and has changed its name to Maverick Drilling International Ltd - we will process the name change when advised by ASX

24/08/2007

a prospectus (and a supplementary prospectus) is issued today to raise $60m

22/08/2007

company releases its audited annual report to 30 June 2006

12/07/2007

the company enters into a deed of company arrangement

27/06/2007

administrators provide a circular to creditors and advise a meeting of creditors is to be held on 8 June 2007 - administrators recommend the company enter into a Deed of Company Arrangement

07/06/2007

administrator reports to creditors (details to follow tomorrow)

10/04/2007

company appoints administrator Gerry Collins of Jefferson Collins Joiner - this never augurs well for shareholders - it will possibly be a month or so before anything substantive on the administration is available for shareholders

22/12/2006

ASIC has permitted the company to hold its AGM by 19 January 2007

24/11/2006

provides update of drilling progress for the Primero-1 well currently drilling in the Reid's Dome, Bowen Basin, Central Queensland

03/10/2006

Eagle Bay Resources NL (EBR) is the operator of the PEL-182 joint venture, the Participants of which are Australian Oil Company Ltd (AOC), Audax Resources Ltd, White Sands Petroleum Ltd and EBR - AOC has defaulted on its cash call obligation due 22 September 2006. A formal default notice has been served on AOC by EBR. As the default has not been remedied within three business days, then EBR may terminate AOC's farm-in agreement into PEL-182, or take such other action to protect its interests and the interests of the other participants

03/10/2006

shares suspended from quotation

25/09/2006

director Ms Jayne Steele resigns over differences of opinion with the board about the valuation of the company's assets

21/09/2006
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    Directors' on-market share transactions (last 5)

     

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    Directors & Executives (current)
    NAMETITLEDATE OF APPT
    Roger ClarkeChairman28/11/2005
    Donald SchofieldManaging Director
    Eric EspirituNon Exec Director28/11/2005
    Ron AndersonCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    Date of first appointment, title may have changed.