Articles On Bounty Oil and Gas (ASX:BUY)

Highlights Bounty Oil & Gas has extended the rights issue deadline to 20 December 2024, aiming to raise AU$1.5 million. The rights issue offers over 374.6 million shares at 0.4 cents per share, on a 1-for-4 basis. Eligible shareho...

Highlights Bounty Oil & Gas holds a significant interest in 19 producing fields within the Naccowlah Block, located in southwest Queensland. The company holds 100,000bbl of oil behind perforations in the suspended Alton and Fairymo...

Highlights Bounty Oil & Gas NL recorded oil revenue of AU$309,000 for the September quarter. Oil development at the Naccowlah Block is advancing, with drilling plans for the Watson/Watkins and Jackson Field reserves set for 2025....

The ASX200 closed up 0.61% at 8,192 points after breaking its all-time record in intra-day trade. The bourse broke through 2,200 points for the first time as investor sentiment remained buoyant. August jobs data was better than expected...

Highlights Bounty supports Coastal's rig contract under the HoA for Jacobson gas exploration. The Jacobson program includes two firm wells, one contingent well, and one optional well. Key conditions include regulatory approvals, a US$...

Highlights Bounty supports Coastal's rig contract under the HoA for Jacobson gas exploration. The Jacobson program includes two firm wells, one contingent well, and one optional well. Key conditions include regulatory approvals, a US$...

Highlights Asset Energy has submitted an originating application for judicial review, requesting the court to compel a decision on the PEP11 applications. The court is being asked to mandate the Joint Authority to make a decision withi...

Highlights Bounty’s oil revenue totalled AU$1.61 million for the year ended 30 June 2024. Reserves in the Alton area have increased to 473,000 barrels. The company expects annual oil revenue to surpass AU$3 million by 2025. Bounty pl...

Highlights BPH's investee Advent Energy Limited, through Asset Energy Pty Ltd, has appointed Klarite Pty Ltd to manage the environmental aspects of the Seablue-1 exploration well. The Federal Government Future Gas Strategy (FGS) emphas...

Highlights Revenue for the quarter ended 31 March 2024 was AU$399k. The Watkins North 1 and 2 wells came online, increasing quarter-on-quarter production by 75%. Cash and current assets balance was AU$1.8 million with zero debt at the...

Highlights BPH Energy witnessed a 6.3% increase in its net assets from 30 June 2023 to AU$20.63 million at 31 December 2023. BPH and Advent Energy acquired an additional 9.5% interest in Clean Hydrogen for US$950,000. Advent advanced...

Highlights Bounty plans to commence oil production from the Alton area in the Surat Basin in 2024. Recent new wells in the Naccowlah Block boosted the company’s production volumes and oil revenues. Recent acquisition of additional pro...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

Unlisted Advent Energy and its major shareholder BPH Energy (ASX: BPH) have found an ally in Bounty Oil & Gas (ASX: BUY) regarding their assertions that the New South Wales government is treading in federal territory with its new plans...

Highlights BPH and its investee Advent Energy acquired around 19% interest in Clean Hydrogen Technologies, which is advancing a turquoise hydrogen project. Asset Energy, a 100% subsidiary of Advent Energy, is focused on drilling the pr...

Highlights Bounty Oil & Gas intends to raise AU$1.15 million via a share placement. The placement has received substantial support from the existing major shareholders of the company. The funds raised will be used for the company’...

ASX-listed independent oil & gas company, Bounty Oil & Gas NL (ASX: BUY) today revealed that the Offshore Drilling and Associated Infrastructure Prohibition Bill 2023 has been dismissed. The Bill was drafted to introduce amendments...

Highlights During the September quarter, Bounty participated in two NFE wells and one P&A at Walter 1. Field operations to continue at Surat Basin to bring fields back into production. The operator of PEP 11, Asset Energy is looki...

BPH Energy (ASX: BPH) and its investee company Advent Energy have welcomed news that a bill that had the potential to block oil and gas exploration off the NSW coast has failed. The unlisted Advent (through its wholly-owned subsidiary Asset...

Highlights NSW Legislative Committee on Environment and Planning presented its findings on the Minerals Legislation Amendment Bill 2023. Following discussions with legal experts and inquiry, the committee recommends not to pass the bil...

Progress continues to be made on variations of work programs at PEP 11 Advent investigating availability of a mobile offshore drilling unit Company in talks with contractors and operators who contracted rigs for work in the first half of...

Highlights Bounty Oil & Gas has commenced its two-well oil exploration program with Watkins North 1 well in the Naccowlah Block in SW Queensland. The well was spudded today after the routine rig maintenance. After the Watkins Nort...

Highlights Bounty Oil & Gas NL is about to begin its two-well oil appraisal/exploration program with Watkins North 1 well in the Naccowlah Block, SW Queensland. Watkins North 1 will be a near field exploration/wildcat well with a d...

Highlights The Minister for Climate Change and Energy of Australia, Chris Bowen has designated an area of the Pacific Ocean area off the Hunter Region of NSW as apt for offshore wind energy development. The designated area would be ava...

Stockspot said Australian ETFs with longer names tend to have higher fees Over the past year ETFs with shorter names have fallen less Lucky number 8 often in ticker codes of ASX stocks with Chinese links What is in a name? If you ever had...

This content is created by Smallcaps Authors. [Author : Danica Cullinane] BPH Energy (ASX: BPH) and Bounty Oil & Gas (ASX: BUY) have announced their victory in Federal Court proceedings against the Commonwealth to allow their offshore...

The ASX 200 was unchanged  The ASX XEC slips 0.38% 8 out of 11 sectors were higher lead by Information Technology   The ASX 200 was unchanged today and the ASX XEC was down 0.38%.  The index has lost 0.98% for the last five days, but sit...

Highlights BPH and BUY have informed the market about a recent update related to PEP 11 proceeding in Court The Federal Court of Australia has vacated interlocutory orders and it is now being anticipated that the matter can be settled...

Highlights: Bounty Oil & Gas (ASX:BUY) shares zoom up 57%; trading at A$0.011 on 03 February 2023. As the PEP 11 JV, Bounty and BPH Energy today announced that in Proceedings Number WAD106/2022, a proposed consent orders have been...

This content is created by Smallcaps Authors. [Author : Robin Bromby] Former prime minister Scott Morrison’s unprecedented move to block a vast NSW offshore gas project, PEP 11, going ahead looks now as if it will be overturned. The compa...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

IMF says Everything’s War on Everything is great, except for the bad bits Short-sighted mortgage takers are bricking it over projected 4.1% interest rates in ‘23 Strong quarterlies have driven huge gains among well-placed small caps today...

Highlights: Bounty Oil & Gas (ASX:BUY) commences its 2023 oil appraisal program. The four-well program is focussed on Tequila and the Cooroo Northwest Oilfields, Naccowlah Block, SW Queensland. BUY has planned to commence the prog...

Highlights Penny stocks generally trade under AU$1. These are seen to be riskier than regular equities due to low liquidity. Experts advise investors to be careful while dealing in penny stocks. Penny stocks represent...

The BPH Energy Ltd (ASX: BPH) share price is on fire. The ASX energy share is up another 11% today, putting it up an eye-popping 310% since Monday’s closing bell. So, why are investors sending the BPH Energy share price skywards? What’s...

Small Caps, ASX 200 accelerate after RBA rate call Cash rate to 1.35%, Capital Economics says 3.5% the target EasyDNA rocks GTG world   Forget the RBA, it’s small cap day at Stockhead  as the Little Legends index ignores war, floods, flu,...

While US markets rose after the Fed outlined plans to gradually withdraw stimulus, our markets did not follow suit even amidst a sea of deals. Leading the charge today was IGO (ASX:IGO) which after months of negotiations looks to have inked...

Diversified investment company BPH Energy (ASX: BPH) has reported a productive September quarter as its oil and gas subsidiary gears up to drill an exploration well off New South Wales and its medical investee company advances along the reg...

The ASX 200 was unable to break free from its recent shackles, edging lower by 0.11% in the Wednesday session. But as a measure of a little more risk-on sentiment creeping back into markets, the microcap Emerging Markets index comfortably o...

Minerals260 (ASX:MI6), a spinoff from Liontown Resources (ASX:LTR), enjoyed a positive debut despite the ASX finishing down again. The ASX 200 retreated 0.26% to close at 7,821 points with all sectors in the red except consumer staples and...

Bounty Oil and Gas (BUY) enters the day in a trading halt as it plans an upcoming capital raise Currently it is unknown how much the company is aiming to raise but it did hint that it plans to buy an interest in a project Company shares w...

BPH Energy’s (ASX: BPH) investee is closer to drilling its much-anticipated Seablue-1 exploration well within PEP-11 in offshore New South Wales after it issued a letter of intent to award another contract. Under the LoI, Investee Advent En...

BPH Energy’s (ASX: BPH) subsidiary Advent Energy has engaged Aztech Well Construction Services to provide drill project management services for its upcoming Seablue-1 exploration well. The companies have executed a letter of intent with the...

BPH Energy’s (ASX: BPH) investee company Advent Energy has put the call out for more contractors to submit proposals for an upcoming program that would see it drill the Baleen-1 gas prospect off the coast of New South Wales. Advent, which o...

Shares in BPH Energy Ltd (ASX: BPH) are gaining today, following news the company is tendering for drilling services at the Baleen Prospect. At the time of writing, the BPH share price is $0.9 ­– 2.27% higher than yesterday’s closing. Loca...

After launching at drill rig tender program at the end of last month, BPH Energy’s (ASX: BPH) subsidiary Advent has now issued the tender to multiple contractors with semi-submersible drilling units in New South Wales. At the end of last mo...

BPH Energy’s (ASX: BPH) investee company Advent Energy is getting one step closer to drilling a well at the Baleen-1 gas prospect off the coast of New South Wales with the award of a contract to prepare its environmental plan for submission...

The BPH Energy Ltd (ASX:BPH) share price is rising this morning after the company released more news of the Baleen gas prospect. The BPH Energy share price is up 7.78% to 9.7 cents at the time of writing. What did BPH Energy announce toda...

Summary QMines has seen a very volatile session today, with the QML share price ranging from a high of AU$0.665 to as low as AU$0.465. The DCX share price has surged 16.6% to AU$0.007 in today’s session, outperforming the broader marke...

BPH Energy’s (ASX: BPH) investee Advent Energy has confirmed geophysical indications of gas at its PEP 11 in the offshore Sydney Basin after a review of a Geoscience Australia reports. Advent has undertaken further reviews of Geoscience Aus...