Red Sky SPP to fund Killanoola

Red Sky Energy has advised its share purchase plan (SPP) closes tomorrow, with the funds raised to be applied to further develop and fast track the Killanoola oil project, South Australia.
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Commitments received to raise $3m for Killanoola

Red Sky Energy has received bidding commitments to raise $3 million via a share placement to further develop and fast-track the Killanoola oil project, South Australia. The funds raise under the placement
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Red Sky analysis identifies oil in Killanoola well

Red Sky Energy has completed a petrophysical evaluation of the Killanoola Southeast-1 well, which is part of the Killanoola oil project in the Penola Trough, South Australia. The Killanoola oilfield
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Victoria announces $10 million gas study

The study will primarily focus on the Otway Basin in south west Victoria, where the funds will used on scientific, technical and environmental studies into onshore conventional gas extraction and development. The
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Queensland opens up Surat acreage

Speaking at the Australian Petroleum Productions and Exploration Association (APPEA) Convention this week, Queensland Minister for Natural Resources and Mines Dr Anthony Lynham said the two blocks in the
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