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Gas2Grid Limited ( (AU:GGX) ) has issued an announcement.
Gas2Grid Limited is progressing with a new service contract application in Cebu, Philippines, which is expected to be awarded soon, allowing the company to leverage previous investments in oil and gas exploration. Additionally, the company is finalizing farmin agreements to strengthen its position in the Philippines. In France, Gas2Grid has lodged an appeal against the non-renewal of a contract, seeking compensation. The company’s securities remain suspended on the ASX due to operational inadequacies, but it aims to rectify this through new contracts and agreements.
More about Gas2Grid Limited
Gas2Grid Limited operates in the oil and gas industry, focusing on exploration and appraisal activities. The company is involved in service contracts and farmin agreements, primarily in the Philippines and France, to enhance its operational capabilities and market presence.
Current Market Cap: A$4.09M
Learn more about GGX stock on TipRanks’ Stock Analysis page.