Bounty Oil & Gas Nl (BUY) News

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Bounty Oil & Gas (ASX:BUY) Provides Update on PEP11 Legal Proceedings

Highlights Asset Energy has lodged an appeal with the Full Court of the Federal Court of Australia over the PEP11 judgment. The appeal challenges the Federal Court's 17 June 2026 decision relating to the PEP11 permit. Asset Energy, the operator of the PEP11 Joint Venture, will conduct the appeal proceedings. The timing of the appeal hearing and determination will be decided by the court. Bounty Oil & Gas NL (ASX:BUY) has announced an update released by ASX-listed BPH Energy Limited, advis...

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Bounty (ASX:BUY) Advances Surat Basin Plans, Engages OPC APAC

Highlights Bounty has engaged OPC APAC to assess the PL2 Alton and PL1152 Fairymount assets and prepare development plans. The Eluanbrook prospect within PL2 Alton has been identified as a near-term appraisal priority. OPC APAC will evaluate exploration and development opportunities along with prospective and contingent resources, and reserves across the Surat Basin projects. Naccowlah Block Joint Venture arrears have been reduced to AUD 1.2 million following a AUD 4 million capital raising, su...

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Bounty Oil & Gas (ASX:BUY): PEP-11 Judicial Review Reaches Judgment Stage

Highlights The Federal Court is scheduled to deliver its judgment in the PEP-11 judicial review proceedings on 17 June 2026. The judicial review hearing was completed before Justice Jackson in February 2026. Bounty Oil & Gas NL (ASX:BUY) has shared an update released by BPH Energy Limited (ASX:BPH) regarding the Petroleum Exploration Permit 11 (PEP-11) project. The update relates to the Federal Court of Australia’s judicial review proceedings challenging the Joint Authority's decisi...