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Whitebark Energy Advances Alinya Project with King Energy Acquisition and Renewables Pivot

3:56am on Monday 2nd of June, 2025 AEST Energy
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Whitebark Energy Advances Alinya Project with King Energy Acquisition and Renewables Pivot

3:56am on Monday 2nd of June, 2025 AEST
Key Points
  • Acquisition of over 90% of King Energy securities and compulsory acquisition underway
  • Initiation of soil gas survey using advanced IVY sensors at Rickerscote Prospect
  • Planning for 2D seismic infill and exploration drilling targeted for second half of 2026
  • Completion of 90% sale of Wizard Lake asset to Conflux, retaining 10% interest with stable production
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