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High Peak Royalties Clears Debt and Boosts Cash Flow in December Quarter
5:55pm on Sunday 1st of June, 2025 AEST
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Energy
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High Peak Royalties Clears Debt and Boosts Cash Flow in December Quarter
5:55pm on Sunday 1st of June, 2025 AEST
Key Points
December quarter gross receipts of A$189,726 with net cash receipts of A$117,439
Full repayment of US$750,000 Macquarie Bank financing facility during the quarter
Stable gas production at Peat Gas Field with average daily output of 9.27 TJ/day
Ongoing monitoring of royalty interests in Northern Territory and Gippsland Basin
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