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18 January 2025
| Name: | PETROZ NL (PTZ) | ||||||
| Date of Delisting: | 16 November 2001 | ||||||
| Former Names: |
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Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 16 November 2001.Legal Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. We have not therefore verified the current legal status of this entity. If you have questions about your shareholding, as we say elsewhere, they may be taken up here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.Capital Gains Tax (CGT) Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. You will need to seek independent tax advice in relation to Capital Gains Tax or other tax matters but any other enquiries relating to your shareholding in the company should be followed up via our online form here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
| Company | FROM | TO |
|---|---|---|
| PETROZ NL | 15/01/1987 | |
| OFFSHORE OIL NL | 15/01/1987 |
former shareholders in this company may have unclaimed money arising from the compulsory acquisition of their shares - deListed provides a tracing service for a small administration fee that identifies where people can find unclaimed monies arising from compulsory acquisitions and also from dividend distributions, super contributions, inoperative bank, building society or credit union accounts, bequests and other sources - please click here for access to our Lost shares, Lost money?? service | 31/03/2022 |
we are informed that the Court of Appeal in Western Australia decided in April of this year that the "price" of 89 cents per share was fair - ConocoPhillips has now compulsorily acquired all the shares - proceeds can be collected by contacting Computershare, Perth | 19/11/2006 |
the dissenting shareholders have taken their case to the Court of Appeal - the case was before the Court in December 2005 and a decision is expected by mid-year | 14/03/2006 |
we understand this matter has been in the court recently and a judgement is awaited - this may take several months | 28/07/2005 |
dissenting shareholders have prevented Conoco Phillips from compulsorily acquiring the shares and the matter is before the courts - this may be a drawn out process with outcomes uncertain - the best shareholders can do for the moment is ensure their contact details are correctly recorded with Computershare on (08) 9323 2046 | 04/02/2004 |
we understand there are legal issues and are awaiting details | 18/12/2003 |
we have been frustrated over a lengthy period regarding requests for information about the status of the takeover of Petroz - we empathise with the problems of many shareholders who have enquired, but will persist in trying to establish the status | 13/12/2003 |
we understand that dissenting shareholders may have prevented Phillips from moving to compulsory acquisition and we are seeking confirmation of this - watch this space | 02/12/2003 |
Phillips Petroleum Company now has 92.7% of the company (having crossed the 90% threshold in early February 2003) - only about 1.6% of shareholdings are owned by small shareholders - Phillips therefore now has the ability to compulsorily acquire all shares | 21/02/2003 |
delisted at entity's request | 16/11/2001 |
reports that Phillips Petroleum has secured more than 75% of Petroz but will be unable to move to compulsory acquisition of the remainder after rival suitor Italian company Eni confirmed it will retain its 11.8% stake | 23/01/2001 |
Phillips Petroleum Company and Petroz N.L. announce that Phillips Australia WA-248 Company Pty Ltd, a wholly owned subsidiary of Phillips, will make a cash bid for Petroz at A$0.70 per share | 12/08/2000 |
name changed from Offshore Oil NL | 15/01/1987 |
former shareholders in this company may have unclaimed money arising from the compulsory acquisition of their shares - deListed provides a tracing service for a small administration fee that identifies where people can find unclaimed monies arising from compulsory acquisitions and also from dividend distributions, super contributions, inoperative bank, building society or credit union accounts, bequests and other sources - please click here for access to our Lost shares, Lost money?? service | 31/03/2022 |
we are informed that the Court of Appeal in Western Australia decided in April of this year that the "price" of 89 cents per share was fair - ConocoPhillips has now compulsorily acquired all the shares - proceeds can be collected by contacting Computershare, Perth | 19/11/2006 |
the dissenting shareholders have taken their case to the Court of Appeal - the case was before the Court in December 2005 and a decision is expected by mid-year | 14/03/2006 |
we understand this matter has been in the court recently and a judgement is awaited - this may take several months | 28/07/2005 |
dissenting shareholders have prevented Conoco Phillips from compulsorily acquiring the shares and the matter is before the courts - this may be a drawn out process with outcomes uncertain - the best shareholders can do for the moment is ensure their contact details are correctly recorded with Computershare on (08) 9323 2046 | 04/02/2004 |
we understand there are legal issues and are awaiting details | 18/12/2003 |
we have been frustrated over a lengthy period regarding requests for information about the status of the takeover of Petroz - we empathise with the problems of many shareholders who have enquired, but will persist in trying to establish the status | 13/12/2003 |
we understand that dissenting shareholders may have prevented Phillips from moving to compulsory acquisition and we are seeking confirmation of this - watch this space | 02/12/2003 |
Phillips Petroleum Company now has 92.7% of the company (having crossed the 90% threshold in early February 2003) - only about 1.6% of shareholdings are owned by small shareholders - Phillips therefore now has the ability to compulsorily acquire all shares | 21/02/2003 |
delisted at entity's request | 16/11/2001 |
reports that Phillips Petroleum has secured more than 75% of Petroz but will be unable to move to compulsory acquisition of the remainder after rival suitor Italian company Eni confirmed it will retain its 11.8% stake | 23/01/2001 |
Phillips Petroleum Company and Petroz N.L. announce that Phillips Australia WA-248 Company Pty Ltd, a wholly owned subsidiary of Phillips, will make a cash bid for Petroz at A$0.70 per share | 12/08/2000 |
name changed from Offshore Oil NL | 15/01/1987 |
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