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Bounty Oil & Gas NL (ASX:BUY)

ALERT: Price-sensitive ASX Announcement for BUY
Current share price for BUY : $0.018 -0.001 (-5.26%)+
Announcement
Release
14 Jul 2026 8:22AM
Price at Release
$0.019
Full Release
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Summary
BPH Energy Ltd announced that Asset Energy, a subsidiary of Advent Energy and operator of the PEP 11 Joint Venture, has lodged a notice of appeal with the Full Court of the Federal Court of Australia against a Federal Court judgment delivered by Justice Jackson on 17 June 2026. BPH Energy, which holds a 35.81% investment in Advent Energy, will keep the market informed of any material developments regarding the appeal, although it is not a direct party to the proceeding. The appeal process's timing and outcomes will depend on the Full Court's schedule. This announcement was authorized by David Breeze, a Director of BPH Energy.
Key Points
  • Asset Energy has filed a notice of appeal against the Federal Court judgment regarding PEP 11.
  • BPH Energy is a 35.81% investee in Advent Energy, which is handling the appeal.
  • The appeal is related to a judgment delivered by Justice Jackson on 17 June 2026.
  • BPH Energy is not a party to the proceeding but will keep the market informed.
  • The announcement was authorized by David Breeze, a Director of BPH Energy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.