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Stonehorse Energy Limited (ASX:SHE)

ALERT: Price-sensitive ASX Announcement for SHE
Current share price for SHE : $0.011 0 (0%)+
Announcement
Release
30 Jul 2026 2:05PM
Price at Release
$0.011
Full Release
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Summary
Stonehorse Energy Limited, an Australian oil and gas producer, reported consistent operations for the quarter ending 30 June 2026, with significant revenue contributions from Canadian assets. The company participated in additional development wells in the Drumheller field and sold its Caroline assets for approximately C$3.1 million to fund further development initiatives. Total cash and cash equivalents were around A$3,430,000, and operations proceeded without significant disruptions. The company continues to explore oil-weighted opportunities in Western Canada to drive production growth.
Key Points
  • Stonehorse Energy Limited is an Australian oil and gas producer listed on the ASX under the symbol SHE.
  • The company's financial reporting covers Stonehorse Energy Limited, Stonehorse Canada Corporation, and Lone Star Energy Limited.
  • For the quarter ending 30 June 2026, Stonehorse Energy reported consistent operations with significant contributions from Canadian assets.
  • Stonehorse Canada's recent activities included drilling additional development wells in the Drumheller field, with production updates expected in August 2026.
  • The company generated revenue of A$1,801,000 from its Canadian and US assets during the quarter.
  • Stonehorse Energy sold its gas-weighted Caroline assets for approximately C$3.1 million, using the proceeds to fund further development in Drumheller.
  • Total cash and cash equivalents as of 30 June 2026 were approximately A$3,430,000.
  • No significant disruptions to the operations were reported, and costs were in line with expectations.
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.