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IPB Petroleum Secures Two-Year WA-424-P Extension, Advances Idris Drilling
4:49am on Monday 2nd of June, 2025 AEST
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Energy
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IPB Petroleum Secures Two-Year WA-424-P Extension, Advances Idris Drilling
4:49am on Monday 2nd of June, 2025 AEST
Key Points
Two-year retention lease extension granted for WA-424-P permit over Gwydion location
100% ownership and operator status maintained by IPB Petroleum
Advancement of Idris exploration well drilling and ongoing development assessments
Quarter-end cash balance of approximately AUD 1.487 million with minimal expenditure
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