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Key Petroleum Limited (ASX:KEY)

ALERT: Price-sensitive ASX Announcement for KEY
Current share price for KEY : $0.074 0.016 (27.59%)+
Announcement
Release
27 Jan 2026 3:14PM
Price at Release
$0.058
Full Release
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Summary
Key Petroleum Limited reported its quarterly activities and cash flow for the period ended 31 December 2025. The company is advancing its interests in the Cooper-Eromanga Basin and anticipates receiving government approval for its PCA applications by the end of the year. Despite limited cash reserves of A$136,295, Key Petroleum plans further share issuance in 2026 to raise capital. The company held its AGM in November 2025 and plans to continue its development strategy. Key remains focused on securing PCA approvals and maintaining financial stability, relying on potential shareholder support for funding.
Key Points
  • Key Petroleum Limited is advancing interests in the Cooper-Eromanga Basin.
  • PCA applications are under consideration, with approval anticipated by the end of 2025.
  • The company held its AGM on 27 November 2025.
  • A share issuance is planned for early 2026 to raise additional capital.
  • As of December 2025, Key Petroleum had A$136,295 in cash.
  • The company is confident in meeting operational needs with additional funding options.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.