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Gulf Stream starts funding push after Zydeco-1 drains cash

8:12am on Wednesday 28th of October, 2026 AEDT • Oil and Gas
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Gulf Stream starts funding push after Zydeco-1 drains cash

8:12am on Wednesday 28th of October, 2026 AEDT
Key Points
  • A$2.893 million net operating cash outflow in the September quarter
  • A$234,000 cash balance at quarter end, with no unused finance facilities
  • Estimated funding runway of 0.1 quarters
  • Company attributes major spending to Zydeco-1 spudding and drilling
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