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Bounty Oil Increases Queensland Reserves and Refreshes Board Ahead of Capital Raise
7:20pm on Thursday 30th of April, 2026 AEST
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Energy
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Bounty Oil Increases Queensland Reserves and Refreshes Board Ahead of Capital Raise
7:20pm on Thursday 30th of April, 2026 AEST
Key Points
Oil reserves in Queensland rise to 413,000 barrels
Steady production from Naccowlah Block yields $638,000 revenue
Board refreshed with new chairman and director appointments
Convertible and loan notes raise $299,000 pending equity conversion
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