Austral Amends Loan Facility



    WELLINGTON, New Zealand, Feb. 26 /CNW/ -- Austral Pacific Energy Ltd.
(TSX-V: APX; NZSX: APX)
    

    
    Austral Pacific Energy Ltd. announces that it has agreed with its loan
facility provider, Investec Bank (Australia) Ltd, to further extend the
maturity date for the current facility to enable the Bank and Austral to
finalise the details of a fundamental restructure of the company and further
restructuring of the loan facility.
    

    

    
    Web site:    www.austral-pacific.com
    Email:       ir@austral-pacific.com
    Phone:       Thom Jewell, CEO +64 (4) 495 0880


    
    None of the Exchanges upon which Austral Pacific's securities trade have
approved or disapproved the contents hereof. This release includes certain
statements that may be deemed to be "forward-looking statements" within the
meaning of applicable legislation. Other than statements of historical fact,
all statements in this release addressing future production, reserve
potential, exploration and development activities and other contingencies are
forward-looking statements. Although management believes the expectations
expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance, and
actual results or developments may differ materially from those in the
forward-looking statements, due to factors such as market prices, exploration
and development successes, continued availability of capital and financing,
and general economic, market, political or business conditions. See our public
filings at www.sedar.com and www.sec.gov/edgar/searchedgar/webusers.htm for
further information.
    




    




For further information:

For further information: Thom Jewell, CEO of Austral Pacific Energy
Ltd., +64 (4) 495 0880, ir@austral-pacific.com Web Site:
http://www.austral-pacific.com

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AUSTRAL PACIFIC ENERGY LTD.

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