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An announcement from Red Sky Energy Limited ( (AU:ROG) ) is now available.
Red Sky Energy Limited has finalized a Risk Service Contract for Block 6/24 in the Kwanza Basin, Angola, marking a significant milestone in its expansion strategy. The agreement, which includes a 35% interest for Red Sky, is expected to enhance the company’s portfolio with a material oil discovery and high-potential prospects, supporting long-term value creation for shareholders.
More about Red Sky Energy Limited
Red Sky Energy Limited is an energy company operating in the oil and gas industry. The company focuses on exploration and production, with a particular emphasis on international diversification and long-term growth strategies.
Technical Sentiment Signal: Sell
Current Market Cap: A$16.27M
See more insights into ROG stock on TipRanks’ Stock Analysis page.