Killanoola
- Updated Independent Report on Discovered PIIP completed in April 2023
- Best Estimate PIIP now at 135.5 mmbbls
- Red Sky targeting 30 mmbbls plus oil recoverable
- Crude sale agreement signed with Viva Energy (ASX:VEA) for all crude produced
- SA DEM approval received to commence production at Killanoola DW1
Innamincka
- Free carry by Santos
- Red Sky holds a 20% working interest in six PRLs
- Yarrow production commenced July 2023
- Gas sales agreement signed with Origin Energy (ASX:ORG)
- Further agreements finalised for sale of ethane, LPG and condensate with SACBJV (South Australian Cooper Basin Joint Venture)
Gold Nugget
- Planning commenced to divest asset
- 100% working interest in the Gold-Nugget -1/23 gas field and pipeline in Wyoming, USA