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Can Bounty Oil and Gas Unlock Surat Basin Potential Amid Offshore Permit Battle?
12:18am on Sunday 21st of December, 2025 AEDT
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Energy
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Can Bounty Oil and Gas Unlock Surat Basin Potential Amid Offshore Permit Battle?
12:18am on Sunday 21st of December, 2025 AEDT
Key Points
FY 2025 oil revenue of $1.09 million at $117/boe average price
Reserves increased to 313,000 barrels in Queensland via acquisitions and Cooper Basin development
Surat Basin production expected to start late 2025, targeting $2 million revenue
Federal Court hearing set for September on PEP 11 offshore Sydney Basin permit refusal
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