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An announcement from Bounty Oil & Gas NL ( (AU:BUY) ) is now available.
Bounty Oil & Gas NL has announced an update on the Federal Court proceedings related to PEP-11. The court has scheduled a two-day hearing in February 2026 at the Federal Court, Sydney, following a decision by Justice Jackson to conduct the hearing in New South Wales. This proceeding involves Bounty and its joint venture partners, with implications for their exploration activities in the Sydney Basin.
More about Bounty Oil & Gas NL
Bounty Oil & Gas NL is an Australian company listed on the ASX under the code BUY. It is primarily involved in oil production and exploration, with core assets located in the Cooper/Eromanga Basins and the Surat Basin in Queensland. The company is focused on growth through high-impact projects in Australia, holding a 15% direct interest in PEP 11 offshore Sydney Basin and exploration interests in Western Australia.
Current Market Cap: A$4.68M
Find detailed analytics on BUY stock on TipRanks’ Stock Analysis page.