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Petsec Energy Ltd Announces Non-Renounceable Rights Issue

by November 24, 2016 General

Sydney, Australia (ABN Newswire) – Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) (the “Company”) will undertake a non-renounceable entitlement offer or “rights issue”, of 1 new share for every 3.2 shares held by eligible shareholders at the record date of 29 November 2016. The offer will allow eligible shareholders to acquire additional shares in the Company at 15 cents per share, free of brokerage costs.Mr. Paul Gahdmar
Company Secretary & Group Financial Controller
Petsec Energy Ltd
T: +61-2-9247-4605

Mr. Manny Anton
Head of Investor Relations
Petsec Energy Ltd
T: +61-2-9247-4605