Board Change • May 20
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. No independent directors (6 non-independent directors). Non Executive Director Min Yang is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Ankündigung • May 01
Key Petroleum Limited has completed a Follow-on Equity Offering in the amount of AUD 0.058887 million. Key Petroleum Limited has completed a Follow-on Equity Offering in the amount of AUD 0.058887 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,015,286
Price\Range: AUD 0.058
Transaction Features: Subsequent Direct Listing Board Change • May 01
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. No independent directors (6 non-independent directors). Non Executive Director Min Yang is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Ankündigung • Mar 19
Key Petroleum Limited has completed a Follow-on Equity Offering in the amount of AUD 0.058887 million. Key Petroleum Limited has completed a Follow-on Equity Offering in the amount of AUD 0.058887 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,015,286
Price\Range: AUD 0.058
Transaction Features: Subsequent Direct Listing Ankündigung • Feb 11
Key Petroleum Limited has completed a Follow-on Equity Offering in the amount of AUD 0.314062 million. Key Petroleum Limited has completed a Follow-on Equity Offering in the amount of AUD 0.314062 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,414,858
Price\Range: AUD 0.058
Transaction Features: Subsequent Direct Listing Ankündigung • Oct 29
Key Petroleum Limited, Annual General Meeting, Nov 27, 2025 Key Petroleum Limited, Annual General Meeting, Nov 27, 2025. Location: at the office of asf group limited, suite 2, 3b macquarie street, sydney, new south wales 2000 Australia Ankündigung • Aug 04
Key Petroleum Limited has completed a Follow-on Equity Offering in the amount of AUD 0.152361 million. Key Petroleum Limited has completed a Follow-on Equity Offering in the amount of AUD 0.152361 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,627,636
Price\Range: AUD 0.042
Transaction Features: Subsequent Direct Listing Ankündigung • Mar 31
Key Petroleum Limited has filed a Follow-on Equity Offering in the amount of AUD 0.312226 million. Key Petroleum Limited has filed a Follow-on Equity Offering in the amount of AUD 0.312226 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,035,900
Price\Range: AUD 0.062
Transaction Features: Rights Offering Ankündigung • Jan 15
Key Petroleum Limited Announces Board Changes Key Petroleum Limited announced the appointment of Mr. Jin Wei as Chairman and Executive Director and Ms. Yuqi Cao as Executive Director, effective 15 January 2025. Mr. Jin is a highly experienced leader in the oil and gas industry, with over 30 years of expertise across geological exploration, mining development, oilfield operations, bulk mineral logistics, and international trade. He has held senior positions in major energy and mining companies across Australia, Indonesia, Mongolia, Hong Kong, and Mainland China. Notably, Mr. Jin has spent around 10 years managing an ASX-listed oil and gas company, bringing extensive experience in project development and operational management in the global energy and mining sector. Mr. Jin holds an EMBA, PhD, and Senior Engineer designations. Ms. Cao Is A Senior Executive with over 10 Years of Experience in Mergers and Acquisitions Across Industries Such as Public Procurement, Mining, Logistics, Electronic Payments, and Intellectual Property. She Currently Serves As: Vice President of Hk Create Capital Investment Group Co., Limited, Director of Create Capital International Group Co., Limited, Director of Create International Mining Group Limited Previously, Ms. Cao Served as Vice President of Guocai Technology Group Co. Ltd. and as A Director of Its Subsidiaries. Her Expertise Includes Equity Investment, Strategic Planning, Risk Management, and Operational Leadership. Ms. Cao Holds A Bachelor's Degree in Applied Chemistry. The company also announces the resignation of Mr. David Fang as Chairman and Non-Executive Director. Ankündigung • Nov 30
Key Petroleum Limited has completed a Follow-on Equity Offering in the amount of AUD 0.255 million. Key Petroleum Limited has completed a Follow-on Equity Offering in the amount of AUD 0.255 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 255,000,000
Price\Range: AUD 0.001
Transaction Features: Subsequent Direct Listing Board Change • Oct 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Chairman David Fang was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 31
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$727k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$727k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (AU$2.26m market cap, or US$1.48m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Board Change • Jan 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Dec 28
Key Petroleum Limited has completed a Follow-on Equity Offering in the amount of AUD 0.295 million. Key Petroleum Limited has completed a Follow-on Equity Offering in the amount of AUD 0.295 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 295,000,000
Price\Range: AUD 0.001
Transaction Features: Subsequent Direct Listing Board Change • Nov 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 11
Key Petroleum Limited, Annual General Meeting, Nov 29, 2023 Key Petroleum Limited, Annual General Meeting, Nov 29, 2023. Board Change • Sep 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 10
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 03
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 09
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 28
Full year 2022 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in FY 2021) Full year 2022 results: AU$0.001 loss per share (in line with FY 2021). Net loss: AU$1.22m (loss narrowed 45% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Board Change • Sep 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 03
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 07
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0 (up from AU$0.001 loss in 1H 2021). Net loss: AU$479.7k (loss narrowed 81% from 1H 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Board Change • Dec 15
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 26
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD & Director Louis Li Chien was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman Geoff Baker was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 30
Full year earnings released - AU$0.0001 loss per share Over the last 12 months the company has reported total losses of AU$145.9k, with losses narrowing by 81% from the prior year. Total revenue was AU$767.5k over the last 12 months, up 67% from the prior year. 