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Echelon advances Palm Valley drilling despite PV-14 production setback
1:33pm on Friday 30th of October, 2026 AEDT
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Oil and Gas
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Echelon advances Palm Valley drilling despite PV-14 production setback
1:33pm on Friday 30th of October, 2026 AEDT
Key Points
PV-14 output falls to around 0.5 TJ/d after tie-in
PV-15 spudded after quarter end, with first production expected early 2027
Quarterly production rises to 250,224 boe
Operating cash flow of A$7.1 million funded A$6.6 million of development spending
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