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Echelon’s Cue exit clears the runway for Palm Valley growth
10:15am on Wednesday 9th of September, 2026 AEST
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Oil and Gas
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Echelon’s Cue exit clears the runway for Palm Valley growth
10:15am on Wednesday 9th of September, 2026 AEST
Key Points
A$28.2 million total profit, with A$24.4 million attributable to shareholders
A$12.1 million gain from the Cue Energy disposal
A$37 million of voluntary debt repayments during FY26
A$42.1 million total Cue consideration, including a 6.64% Horizon Oil stake
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Echelon Resources (ASX:ECH)
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