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KEY PETROLEUM LIMITED — M&A Activity 2011
Oct 2, 2011
65176_rns_2011-10-02_62e7d104-707b-4930-b401-95cffb5b6dc8.pdf
M&A Activity
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ACN 120 580 618
163 -167 Stirling Highway Nedlands Western Australia 6009 Tel: +61 8 9389 3200 Fax: +61 8 9389 3299 e-mail: [email protected] www.keypetroleum.com
ASX and Media Release
3[rd] October 2011
TERMINATION OF ZETA ACQUISITION
Key Petroleum Limited (“Company”) ( ASX:KEY ) advises that following the nonfulfillment of conditions precedent by Cresthaven Investments Pty Ltd and GM Investments & Co Limited (together, “the Vendors”) the Share Purchase Agreement between the Company and the Vendors, with respect to the acquisition of Zeta Petroleum Limited (“SPA”) has been terminated.
The Company confirms that notice of termination of the SPA has been issued to the Vendors. All parties are now relieved of their obligations in accordance with the termination provisions of the SPA.
Dennis Wilkins Chairman +61 8 9389 2111 [email protected]
For further Company background information please see the website at www.keypetroleum.com