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NuEnergy’s Tanjung Enim project nears first gas despite funding strain
6:57pm on Tuesday 29th of September, 2026 AEST
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Energy
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NuEnergy’s Tanjung Enim project nears first gas despite funding strain
6:57pm on Tuesday 29th of September, 2026 AEST
Key Points
US$88 million Tanjung Enim development contract with PT Beijing Energy Linking
First gas sales targeted for Q1 2027 from a 1 MMSCFD initiative
Cash fell to A$552,509 despite A$3.4 million entitlement raise
KPMG highlighted material uncertainty related to going concern
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