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Bounty Oil and Gas Advances Queensland Projects Amid Regulatory Hurdles

5:58pm on Sunday 1st of June, 2025 AEST Oil & Gas
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Bounty Oil and Gas Advances Queensland Projects Amid Regulatory Hurdles

5:58pm on Sunday 1st of June, 2025 AEST
Key Points
  • Cash and liquid assets total $1.06 million with no debt
  • Oil revenue reached $663,000 for the six months ending December 2024
  • Entitlement offer raised $231,000 to fund development and exploration
  • Queensland oil reserves increased to 313,000 barrels with ongoing production and development
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