Red Sky Energy Ltd
Red Sky Energy Limited is an Australia-based oil and gas exploration and development company.
The business
Red Sky Energy Limited is an Australia-based oil and gas exploration and development company. The principal activities of the Company include exploration for economic deposits of oil and gas. The Company’s projects include Killanoola and Innamincka. The Killanoola Oil Project is the Company’s 100% owned flagship project located in South Australia’s onshore Otway Basin. Its PRL-13 license covers an area of 17.5 square kilometers (sq km) and is located in southeastern South Australia close to the Jacaranda Ridge and Haselgrove Gas Fields and Katnook Gas Processing Facility in the Penola Trough of the onshore Otway Basin. It has a 20% working interest in Innamincka Project, which holds interests in Petroleum Retention License (PRL)-14, PRL-17, PRL-18, PRL-180, PRL-181 and PRL-182, which are located in South Australia. The Company’s subsidiaries include Red Sky NT Pty Ltd and Red Sky Killanoola Pty Ltd.
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Latest news
Red Sky Energy confirms additional net pay zones at Killanoola oilfield
An independent petrophysical evaluation of Red Sky Energy’s (ASX: ROG) Killanoola-1DW-1 well in South Australia’s onshore Otway Basin has identified an additional 37m of potential net pay. The zones were discovered in a well-developed hydrocarbon column within the 149m thick Sawpit Sandstone and add significantly to the well’s existing 5m of proven pay. The well […]
Red Sky Energy partners with Santos to develop Innamincka Dome oil and gas project
Australian oil and gas explorer and developer Red Sky Energy (ASX: ROG) has entered into a farm-out and joint operating agreement with Santos (ASX: STO) to progress its Innamincka Dome licences in South Australia’s onshore Cooper Basin. The agreements will help Red Sky accelerate development of the Yarrow gas field (PRL17) and the previously shut-in […]
Red Sky acquires shut-in oilfields from Beach Energy
Red Sky Energy (ASX: ROG) has entered into a binding sales agreement with petroleum midcap Beach Energy (ASX: BPT) to purchase the Innamincka Dome oil and gas project in South Australia, which was closed in 2015 due to a downturn in oil markets. The project comprises a mix of well-maintained shut in wells and non-producing […]
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