Gondwana Resources Limited 02R

The review Panel, Elizabeth Hallett, Robert Johanson (sitting President) and John Sheahan QC, declined to conduct proceedings on a review application by Ochre Group Holdings Limited in relation to the affairs of Gondwana Resources Limited. The review application submitted that there were alleged associations between certain Gondwana shareholders. The review Panel considered that there was no reasonable prospect that it would come to a different conclusion to the initial Panel.

Ambassador Oil and Gas Limited 02

The Panel, Martin Alciaturi, David Friedlander and Nora Scheinkestel (sitting President), declined to conduct proceedings on an application by Drillsearch Energy Limited in relation to the affairs of Ambassador Oil and Gas Limited. Ambassador was the subject of competing offers from Drillsearch and Magnum Hunter Resources Corporation. The application concerned disclosure in Magnum’s bidder’s statement. The Panel declined to conduct proceedings after Magnum made supplementary disclosure.