Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors
EPIC: FZR
Market: ASX
52-week High/Low: A$0.20 / A$0.15
Sector: Energy
Market Cap: A$15.43M
Fitzroy River Corporation

Fitzroy River Corporation

Fitzroy River Corporation Ltd is a public company listed on the ASX (ASX code: “FZR”) with strategic non-operational investments.

Its current investments comprises of Royalty agreements centred around oil and gas production in the onshore Canning Basin in far north Western Australia.

Fitzroy River Corporation

www.europeangas.com.au

Interactive graph

col 3
col 4
col 5
col 6

Fitzroy River Corporation Snapshot

European Gas Limited is a hydrocarbon producer/developer/explorer with projects in western Europe. The strategy of the company is to develop Coal Bed Methane and Coal Mine Methane projects, in particular, in France where the company has major holdings under licence.  The permit and application portfolio covers over 10,000 square kilometres in France, Italy and Belgium and contains the largest unconventional gas resources ever assembled in continental western Europe.

Contingent resources have recently increased over eight fold to 8990 Petajoules (8.5 trillion cubic feet or 240 billion cubic metres) and work in progress will significant increase the company’s resource and reserve position.
The recent acquisition of Gazonor has launched the company into gas production which is sold principally into the French national pipeline network.

The western European natural gas market is substantial with advanced infrastructure, including extensive pipeline networks and a free and open market.

The company also holds hydrocarbon royalties in the Canning Basin of Western Australia.

EUROPEAN PROJECTS

Project/Country Region Status
FRANCE    
Gazonor Northern France production/development
Lorraine North eastern France appraisal/exploration
Lons le Saunier Eastern France exploration
Gardanne South eastern France exploration
ITALY    
Tuscany Central Italy exploration
BENELUX COUNTRIES    
Benelux Joint Venture   acquisition

Directors

Mr. Julien Moulin BA (Hons), Masters Asset Management (Hons)-Chairman
Mr Moulin is co-founder of Maoming Investment Manager Ltd, an investment management company investing globally in listed and unlisted companies.  He has held positions at Global China Fund, SKI Capital and UBS Global Asset Management. Mr Moulin also holds directorships with Envision Energy and Legend Media Inc.

Mr Peter Cockcroft-Managing Director
Peter Cockcroft is a Life Member of the Society of Petroleum Engineers (SPE), was a distinguished Lecturer for SPE on Risk, a Life Fellow of the Royal Geographical Society, a Life member of the South East Asian Petroleum Exploration Society (SEAPEX), a Certified Petroleum Geologist of the American Association of Petroleum Geologists, a Fellow of the Association for Risk Management, as well as authoring more than forty technical and commercial papers. He has been on the boards of companies in the U.S., India, Kuwait, China, as well as Australia and Indonesia. He is a Graduate of the Australian Institute of Company Directors and a member of the Institute of Directors. He was recently a member of the AIPN LNG GSA drafting committee.

Mr. Rod Bresnehan BAppSc-Non-executive Director
Mr Bresnehan has 35 years of experience in the oil and gas industry in both upstream resources and reserves development; and in downstream commercial and marketing areas, with specific recent emphasis on coal bed methane projects. He has held positions at Santos Limited and Oil Company of Australia (Origin Energy).  Mr Bresnehan is currently Chairman of the Australian Council of the Society of Petroleum Engineers and a director of Clean Energy Australasia and Energy Resources Development.

Mr. Sebastian Hempel BSc., LLB., Graduate Diploma in Applied Corporate Governance-Non-executive Director

Mr Hempel is a corporate lawyer with over 18 years advisory experience with ASX listed companies and in the resources sector.  He has held positions at Minter Ellison, Macquarie Bank Limited and the Australian Securities Exchange.  Mr Hempel also holds directorships with Prosperity Resources Ltd, Greenwich Legal, Conchinta Nominees Pty Ltd and is a member of the Council of the Armidale School.

Mr Mark E Pitts B.Bus, CA-Company Secretary
Mr Pitts is a Chartered Accountant with over twenty five years experience in statutory reporting and business administration in Australia and internationally. He has been directly involved with, and consulted to a number of public companies holding senior financial management positions. Mr Pitts is a Partner in the advisory firm Endeavour Corporate (Endeavour).

Mr Nicolas Ricquart ENSIACET, IFG-General Manager Gazonor S.A.
An engineer with over 20 years experience mainly in operations and projects in the energy sector.  Mr Ricquart has held senior management roles in Exxon Chemicals, EMC (Entreprise Minière et Chimique) and ANDRA (French agency for nuclear waste management) and has conducted Safety, Health and Environment ("SHE") standards implementation for several major corporations.

Mr Eric Allen A.C.S.M  & M.Sc.Eng (Mining)-Head of exploration
More than 30 years of engineering and project management experience in the energy industry in the Americas, Europe and Asia. Mr Allen’s experience includes design, management and coordination of exploration programs and development of a variety of projects with particular emphasis on coal bed methane (“CBM”). Mr Allen has also held senior engineering roles with leading consultants in exploration and evaluation of CBM projects in Canada and internationally.

Top 20 Holders of ORDINARY SHARES (As of 18 Jan 2011)


Rank
Name Number of
Fully Paid
Ordinary Shares
%
1. JP MORGAN NOMINEES AUSTRALIA LIMITED <CASH INCOME A/C> 49,268,119 20.62
2. MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED 46,300,000 19.38
3. HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 38,729,616 16.21
4. OCEAN DOME CORPORATION 25,000,000 10.46
5. NATIONAL NOMINEES LIMITED 12,712,899 5.32
6. ABN AMRO CLEARING SYDNEY NOMINEES PTY LTD <CUSTODIAN A/C> 4,878,832 2.04
7. CITICORP NOMINEES PTY LIMITED 3,629,056 1.52
8. TRAVELLY PTY LTD 2,000,000 0.84
9. PYNC PTY LTD <CONNAT INVEST UNIT A/C> 1,500,000 0.63
10. MR SHANE BACH 1,460,000 0.61
11. MRS CAROLE CHRISTINE ROWAN 1,375,000 0.58
12. MR TYBO HARM NIEKAMP + MRS DIANNE ELIZABETH NIEKAMP <TH&DE NIEKAMP SUPER A/C> 1,105,714 0.46
13. ODESSEY PTY LIMITED 1,045,708 0.44
14. ROSS ASSET MANAGEMENT LIMITED 950,000 0.40
15. OIC NOMINEES LIMITED 862,911 0.36
16. PICTON MANAGEMENT SERVICES PTY LTD <BATH SUPER FUND A/C> 850,000 0.36
17. AMBRE INVESTMENTS PTY LTD <CHOROS MINING A/C> 820,000 0.34
18. LAKER FAMILY NOMINEES PTY LTD <LAKER FAMILY SUPER FUND A/C> 812,000 0.34
19. HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED-GSCO ECA 741,921 0.31
20. UMBIRAM PTY LTD <MICHAEL HOY SUPERFUND A/C> 726,400 0.30
     
  194,768,176 81.51

For futher information please click here

Share Registers

Principal Share Registers
Computershare Investor Services Pty Ltd
Level 12, Reserve Bank Building
45 St George’s Terrace
Perth Western Australia 6000
AUSTRALIA

Auditors

Deloitte Touche Tohmatsu
Woodside Plaza
Level 14, 240 St Georges Terrace
GPO Box A46
Perth 6000
AUSTRALIA
Phone number : (8) 9365 7000
Fax number : (8) 9365 7000

Fitzroy River Corporation Timeline

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use