Energy

In the quarterly activities and cash-flow reports released on 20 October 2026, the company detailed work on the Carpentaria Pilot Project and a period-end cash balance of AUD 51.71 million. Operating cash inflow and investing expenditure are reported separately, providing context for the change …

TheQuarterly Reportreleased on 30 October 2026 outlined the contract for Exalo Rig 202, the completion of wellpad and access works, and the intended November drilling timetable. These are preparation and planning milestones, not evidence that the proposed well had begun producing hydrocarbons.

The quarterly activities report released on 30 October 2026 described the acquisition of the remaining Mahalo interest held by Santos and a capital raising of AUD 40.88 million before costs. It also outlined ongoing engineering and development work across the gas portfolio.

In its release dated 2 November 2026, the company described appraisal testing that brought natural hydrogen to the surface at Ramsay-3 and engineering estimates of possible future production rates. Those estimates relate to potential development conditions rather than sustained commercial output already achieved.

The quarterly activities report released on 30 October 2026 described a term sheet for the VALARIS 107 drilling rig and acceptance of the Judith-2 environment plan. The targeted drilling timetable remains subject to equipment availability and completion of the relevant pre-drilling requirements.

The quarterly activities report released on 29 October 2026 described planning for the proposed Willson 1H well, associated service contracting and progress on the leasing programme. It also reported 6,060 barrels of quarterly sales and USD 10.1 million in cash as at 30 September …

TheQuarterly Reportreleased on 30 October 2026 showed oil production rising 8% from the June quarter to 56,388 barrels, while working-interestRevenuefell to approximately USD 5.5 million. It also recorded USD 25.6 million in cash, noDebtand a proposed return of capital subject to the relevant approvals.