SEPTEMBER 2023 QUARTERLY ACTIVITIES REPORT HIGHLIGHTS Innamincka #...Santos completes Yarrow flowline connection to the network #...First gas production and online commissioning activities commenced #...Red Sky signs gas sales agreement with Origin Energy for gas from Yarrow with first cashflow expected in Q4 2023 #...Intent is for Origin Energy to take all gas produced under a take or pay agreement Sales point ex the gate at Moomba #...Production is expected to ramp up and generate increased revenue. Associated condensate and ethane sales have commenced. #...Commencement of Yarrow 3 seismic acquisition programme agreed with Santos covering parts of PRL14 and PRL17 #...Acquisition data remains on track to be received in Q4 2023 Killanoola #...Sales agreement signed with Viva Energy for all crude produced Benchmarked against dated Brent for pricing #...Government approvals being sought before starting production at DW1 Corporate #...The Company continues to actively pursue acquisition opportunities #...The Company has cash reserves as at 30 September 2023 of $2.88m How good is this Report? It will only get better with ongoing positive reports into 2024 AK & ROG team,(under his guidance) are doing a great job.
ROG Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)