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Red Sky Energy Limited ( (AU:ROG) ) has issued an update.
Red Sky Energy’s December 2025 quarter saw a material uplift in its Innamincka Dome gas production, with the newly completed Yarrow 1 well successfully tied in and brought online ahead of schedule, outperforming pre-development expectations with initial rates of about 2.4 MMscf/d and complementing steady output from Yarrow 3, which has delivered $2.18 million in gross production receipts year-to-date. At the Killanoola Oil Project, the company safely drilled the Killanoola‑2 well to total depth, confirmed hydrocarbons in the Upper Sawpit Sandstone and cased and suspended the well as a potential future producer, while planning a workover rig program for KN2 and the DW1 well, thereby preserving development optionality and underpinning Red Sky’s strategy to grow cash flow and reserves across its South Australian asset base.
The most recent analyst rating on (AU:ROG) stock is a Buy with a A$0.01 price target. To see the full list of analyst forecasts on Red Sky Energy Limited stock, see the AU:ROG Stock Forecast page.
More about Red Sky Energy Limited
Red Sky Energy Limited is an ASX-listed oil and gas company with a portfolio focused on conventional hydrocarbon projects in South Australia, including gas production at the Innamincka Dome in the Cooper Basin and oil development at the Killanoola Oil Project. The company generates revenue primarily from gas, LPG and condensate sales and is pursuing a strategy of expanding its production base while advancing longer-term growth options through targeted drilling, completions and workover programs.
Technical Sentiment Signal: Sell
Current Market Cap: A$13.56M
Learn more about ROG stock on TipRanks’ Stock Analysis page.