Feb 3 (Reuters) - Sacgasco Ltd SGC.AX :
* PLACEMENT FUNDS FOR BORBA DRILLING AND PRODUCTION GROWTH
* TO RAISE $5 MILLION VIA SHARE PLACEMENT AT AN ISSUE PRICE OF $0.065 PER SHARE
Feb 3 (Reuters) - Sacgasco Ltd SGC.AX :
* PLACEMENT FUNDS FOR BORBA DRILLING AND PRODUCTION GROWTH
* TO RAISE $5 MILLION VIA SHARE PLACEMENT AT AN ISSUE PRICE OF $0.065 PER SHARE