Red Sky Energy Completing Strategic Review to Target Near Term Revenue Projects with Low Capex

Source Company Press Release
Company Red Sky Energy Limited, Bengal Energy Ltd.
Tags Country: Australia, M&A: Asset Deal, Deals, Upstream: Upstream News
Date June 17, 2019

HIGHLIGHTS

• Strategic review of four 100% owned oil and gas projects nearing completion

• Focus on near term cash flow projects with low capex

• Self funding or partnering options for larger exploration projects being considered

• Advanced discussions on remediation bond financing ongoing

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