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Red Sky Energy Limited ( (AU:ROG) ) has issued an update.
Red Sky Energy Limited announced the successful installation of a surface conductor at the Killanoola Oil Field following approval from the Department for Energy and Mining. This development marks a significant step forward in their drilling operations, with further preparations underway as they await the final approval for the drilling program. The company’s progress in this project is expected to enhance its operational capabilities and strengthen its position in the energy sector.
More about Red Sky Energy Limited
Red Sky Energy Limited is an energy company focused on oil and gas exploration. The company operates in the energy sector and is involved in the development and exploration of oil fields, with a market focus on expanding its drilling operations.
Technical Sentiment Signal: Sell
Current Market Cap: A$21.69M
For an in-depth examination of ROG stock, go to TipRanks’ Overview page.