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How Is Australian Oil Reviving California Gas Flows Amid Industry Shake-Up?

7:09pm on Friday 31st of October, 2025 AEDT Energy
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How Is Australian Oil Reviving California Gas Flows Amid Industry Shake-Up?

7:09pm on Friday 31st of October, 2025 AEDT
Key Points
  • Dempsey 1-15 well returns to stable gas production above 100 mcf/d
  • Capital raising of $800,000 secured post-quarter to support growth
  • New Business Manager appointed to drive East African venture assessments
  • California Resources’ $717m merger signals industry consolidation
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