November 23, 2016 - 10:49 PM EST
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Petsec Energy Ltd (PSJEY) Entitlement Offer Document

Sydney, Australia (ABN Newswire) - Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is pleased to provide the company's Entitlement Offer Document.

A non-renounceable entitlement offer of 1 New Share for every 3.2 Shares held by Eligible Shareholders registered as at 7.00 pm on 29 November 2016 at an issue price of $0.15 per New Share to raise approximately $11 million (before costs).

The Offer is fully underwritten.

The Closing Date of the Entitlement Offer is 12 December 2016.

To view the entire Entitlement Offer Document, please visit:

About Petsec Energy Ltd:

Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is an independent oil and gas exploration and production company listed on the Australian Stock Exchange and on the US OTC Market. It has operations in the shallow waters of the Gulf of Mexico and Louisiana Gulf Coast region of the USA, and in the Republic of Yemen.


Petsec Energy Ltd


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

Source: ABN/Asia Business Newswire (November 23, 2016 - 10:49 PM EST)

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