Binding AFE Executed with Santos for Two Yarrow Wells
Filed with ASX · · 5 pages · English
Summary by 6ix AI
Red Sky Energy Limited has executed a binding Authority for Expenditure with Santos for two Yarrow wells as part of its development program in the Innamincka Dome, Cooper Basin, South Australia. The company will maintain a working interest in the Yarrow field and has secured placement commitments to raise funds for its participation. The program aims to achieve near-term production and cash flow, with drilling expected to commence imminently.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Red Sky Energy
- Placement & Rights Issue to Raise Up to $5.2 Million
- Trading Halt
- Quarterly Activities and Cashflow Report
- Yarrow 1 Well Online and Producing
- Innamincka - Yarrow 1 Well Completion
Later from Red Sky Energy
- Rights Issue Underwriting and Cost Reduction Program
- Red Sky Executes AFE with Santos for Willowie Well
- Rights Issue Offer Booklet
- Results of Rights Issue
- Site Works Underway for Innamincka Drilling
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