The latest update is out from Bounty Oil & Gas NL ( (AU:BUY) ).
Bounty Oil & Gas NL, in partnership with BPH Energy Limited, is involved in the PEP 11 Joint Venture, focusing on offshore petroleum exploration. The company is currently engaged in legal proceedings after the National Offshore Petroleum Titles Administrator and the Joint Authority refused their applications for exploration. The Federal Court has scheduled a hearing for September 2025 to review the decision, which could impact the company’s exploration activities and market positioning.
More about Bounty Oil & Gas NL
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.97M
Learn more about BUY stock on TipRanks’ Stock Analysis page.