Austin Exploration (AKK) appoints oil and gas heavyweight Richard Cottee to bolster companies US exploration efforts.

Posted by on Feb 21, 2012 in News from 708 | 0 comments

Ex-Nexus Energy Managing Director and founder of Queensland Gas, Richard Cottee will join Austin Exploration in tandem with a large capital raising to aggressively push forward with the companies US shale gas exploration plans. The company plans to raise $15-$20m to fund the drilling of its Texan shale gas assets. See the companies website for more details: http://www.austinexploration.com/

708capital is participating in the current $15-$20m capital raising. See: Current opportunities

 

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