METGASCO LTD — Board/Management Information 2005

Aug 25, 2005

26 August 2005

AUSTRALIAN STOCK EXCHANGE Via Electronic Lodgement

APPOINTMENT OF COMPANY SECRETARY

The Directors wish to advise that Mr Nick Geddes was appointed a Secretary of the Company today.

By order of the Board

Overview of Project

Metgasco holds 100% of PEL16 located near Casino and Lismore in northern New South Wales. The Company is appraising the gas production potential of the Walloon Coal Measures in the Clarence Moreton Basin. The Walloon Coal Measures have been the subject of successful exploration and development activity in Queensland over the past four years. The trial production program comprises five production test wells and one core hole.

For further information contact: Glenda McLoughlin Chief Financial Officer Metgasco Ltd Tel: (02) 9363 9604 Fax: (02) 9327 4765

Metgasco Limited ACN 088 196 383 Suite 10/402 New South Head Rd Double Bay NSW 2025 Tel: (02) 9363 9604 Fax: (02) 9327 4765 Website: www.metgasco.com.au