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The latest update is out from Key Petroleum Limited ( (AU:KEY) ).
Key Petroleum Limited has submitted eight Potential Commercial Area applications for its assets in the Cooper-Eromanga Basin, which have been accepted and are under assessment. The company is confident in its submissions and is preparing for a successful grant that would allow a 15-year window for further development. Additionally, Key is pursuing international opportunities to diversify its resource base and enhance long-term value creation.
More about Key Petroleum Limited
Key Petroleum Limited operates in the oil and gas industry, focusing on exploration and development. The company is primarily engaged in advancing its core assets in the Cooper-Eromanga Basin, Queensland, and is also exploring opportunities in oil and gas-rich regions globally.
YTD Price Performance: -10.45%
Average Trading Volume: 21,907
Technical Sentiment Signal: Buy
Current Market Cap: A$1.51M
For an in-depth examination of KEY stock, go to TipRanks’ Stock Analysis page.