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Red Sky Energy Limited (ASX:ROG)

ALERT: Price-sensitive ASX Announcement for ROG
Current share price for ROG : $0.001 -0.002 (-66.67%)+
Announcement
Release
7 Nov 2025 8:54AM
Price at Release
$0.003
Full Release
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Summary
Red Sky Energy Limited, along with its partner Santos Limited, is finalizing the completion of the Yarrow 1 well, part of the Innamincka Dome Project in South Australia's Cooper Basin. The completion, expected by 9 November 2025, will be followed by the tie-in flowline construction by 16 November 2025, with the first gas production anticipated by 18 November 2025. The Yarrow 1 well, located within Petroleum Retention Licence 14, is projected to more than double Red Sky’s current gas production from Innamincka, significantly enhancing cash flow. The re-entry of Yarrow 1, which previously involved hydraulic fracture stimulation to improve gas deliverability, is part of Red Sky's strategy to leverage existing resources and infrastructure. The project demonstrates operational success under the partnership with Santos, which holds an 80% interest, while Red Sky retains a 20% working interest.
Key Points
  • Yarrow 1 well completion expected by 9 November 2025.
  • Tie-in flowline construction to complete by 16 November 2025.
  • First gas production anticipated by 18 November 2025.
  • The project is expected to significantly boost Red Sky’s current gas production.
  • The Yarrow 1 well is part of the Innamincka Dome Project in the Cooper Basin.
  • Santos Limited operates the project with an 80% interest; Red Sky has a 20% interest.
  • The project involves hydraulic fracture stimulation to enhance gas deliverability.
  • Red Sky's strategy includes leveraging existing resources and infrastructure.
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.