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QPM Energy Enters Administration as Operations Continue Amid Sale Preparations
4:34pm on Friday 31st of July, 2026 AEST
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Energy
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QPM Energy Enters Administration as Operations Continue Amid Sale Preparations
4:34pm on Friday 31st of July, 2026 AEST
Key Points
Voluntary administration and receivership appointed 7 July 2026
Gas production and electricity generation declined slightly due to weather
Cash reserves at $7.9 million with frozen debt facilities
Supreme Court extends creditor meeting deadline to February 2027
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