Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Bounty Oil & Gas NL ( (AU:BUY) ) has issued an announcement.
Bounty Oil & Gas NL and BPH Energy have been notified by the National Offshore Petroleum Titles Administrator that their joint venture applications for the PEP 11 permit have been refused, although the permit remains valid for another two months. The joint venture partners are considering their legal options to review the decision, which could impact their operations and market strategy.
More about Bounty Oil & Gas NL
Bounty Oil & Gas NL is involved in the oil and gas industry, focusing on exploration and development projects. The company operates in partnership with other stakeholders like Advent Energy Ltd, which holds a portfolio of development and exploration assets in both onshore and offshore territories in Australia.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.48M
For an in-depth examination of BUY stock, go to TipRanks’ Stock Analysis page.
