The Panel today published the reasons for its decision on an application dated 22 June 2014 from Drillsearch Energy Limited in relation to the affairs of Ambassador Oil and Gas Limited.
Details of the Panel's decision can be found at TP14/70.
The Panel's reasons for its decisions are on the Panel's website.
The sitting Panel was Martin Alciaturi, David Friedlander and Nora Scheinkestel (sitting President).
Director, Takeovers Panel
Level 10, 63 Exhibition Street
Melbourne VIC 3000
Ph: +61 3 9655 3597