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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 (0%)+
Announcement
Release
30 Jul 2026 9:02AM
Price at Release
$0.001
Full Release
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Summary
The quarterly report for Red Sky Energy Limited, as of June 2026, highlights significant progress in its Innamincka Dome project in South Australia, with site preparation for the Yarrow gas field and commencement of field operations. The drilling campaign, operated by Santos, includes the Yarrow and Willowie wells. During the quarter, Red Sky Energy raised approximately $4.1 million through a fully underwritten rights issue and a $1 million placement to support these activities. The report also details financial activities, with a net cash increase from operating and financing activities, ending with cash reserves of $6.17 million. Additionally, the company continued its evaluation of the Killanoola Oil Project and maintained its interest in offshore Block 6/24 in Angola.
Key Points
  • Yarrow gas field generated $1.045 million in production receipts.
  • Site preparation commenced for Yarrow and Willowie wells.
  • Drilling campaign to be operated by Santos.
  • Completed a fully underwritten rights issue raising about $4.1 million.
  • Completed a $1 million placement for project funding.
  • Cash reserves at the end of June 2026 were $6.17 million.
  • Ongoing technical evaluation of the Killanoola Oil Project.
  • Participation in Block 6/24 offshore Angola.
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.