ARC ENERGY: ANZ Bank ceased to be a substantial shareholder on May 22.
WORLEY PARSONS: The ANZ Bank's interest in WorleyParsons as at March 27 was 5.83%. As at May 1, ANZ's interest in WorleyParsons changed by about 1% due to ING Australia acquiring Worley shares. ANZ's voting power in ING Australia Ltd exceeds 20%.
ING Australia Ltd, and entities controlled by it, have made some of those securities available to ANZ to be lent out under ANZ's lending operations. The relevant securities were identified in the substantial holding notices previously provided by ANZ as comprising a separate parcel of securities in which ANZ had a relevant interest, thereby overstating ANZ's interest in WorleyParsons.
MARION ENERGY: The company has been advised by one of its directors, Alan Edgar, that he is lodging a change of directors notice regarding the involuntary transfer of 1 million ordinary shares in the company. The shares advised under the notice were subject to lending arrangements with Opes Prime Stockbroking Ltd. Edgar is an overseas based director resident in the US.
Edgar has not been able to establish definitively that his shares have been sold but assumes this to be the case. The date of change of holding and consideration is likewise unknown but is presumed to be on alleged transfer of title to Opes and the subsequent transfer of title to ANZ, Merrill Lynch or Dresdner, or on sale by one or more of them. This matter is also the subject of legal review and action being taken by Edgar.
The quantum of shares represented only 0.3% of Marion's issued capital and is not material to the company and, in the opinion of the directors, the sale of the shares did not have a material effect on the price of the company's shares.
Other shareholder movements
BOSS ENERGY: Bejjal Pty Ltd (Bejjal Super Fund) became a substantial shareholding on May 12, with a voting power of 12.47%. Also on May 12, Bejjal decreased its substantial shareholding to 9.97%.
GAS2GRID: Julian Peters Pty Ltd ceased to be a substantial shareholder on May 14.
INCREMENTAL PETROLEUM: Christopher Cronin acquired 10,000 shares at $1 on May 23 under the share purchase plan. Following this transaction, he now holds, directly and indirectly, 355,000 shares, 350,000 options exercisable at $1.20 and expiring on June 30, 2010 and 250,000 options exercisable at $1.45 and expiring on June 30, 2010.
INNAMINCKA PETROLEUM: G Santalucia increased its substantial shareholding to 1.67% while G Santalucia Investment Pty Ltd increased its substantial shareholding to 7.38% on May 22.
LONGREACH OIL: Bell IXL Investments Ltd decreased its substantial shareholding to 16.17% on May 19.
MOSAIC OIL: Cooper Energy advises that the company has ceased to be a substantial shareholder of Mosaic Oil. Cooper says the shareholding in Mosaic no longer fits with Cooper's strategic direction.
OIL SEARCH: BT Investments Management Ltd became a substantial shareholder on May 27, with a voting power of 5.04%.
SAMSON OIL & GAS: Madison Street Partners increased their substantial shareholding to 8.28% on April 14.
SOUTHERN PACIFIC PETROLEUM: Director Gary Steinepreis advised that the deed of company has been removed from external administration. The company will now proceed with the recapitalisation as approved by shareholders on May 28.
SUN RESOURCES: BL and VRD Williams (Williams Super Fund) changed its substantial shareholding to 5.7% on May 3.
