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Bounty Oil and Gas Advances Queensland Projects Amid Regulatory Hurdles
4:47pm on Friday 31st of January, 2025 AEDT
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Oil & Gas
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Bounty Oil and Gas Advances Queensland Projects Amid Regulatory Hurdles
4:47pm on Friday 31st of January, 2025 AEDT
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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