Annuncio • 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 Annuncio • 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 Annuncio • 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 Board Change • Jan 08
No independent directors There are 4 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: 4 new directors. No experienced directors. 1 highly experienced director. No independent directors (5 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 experienced directors. Annuncio • 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 New Risk • Sep 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m (AU$4.9k revenue, or US$3.2k). Market cap is less than US$10m (AU$1.62m market cap, or US$1.07m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (17% average weekly change). New Risk • Aug 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m (AU$4.9k revenue, or US$3.2k). Market cap is less than US$10m (AU$1.27m market cap, or US$824.1k). Annuncio • 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 New Risk • Jul 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Revenue is less than US$1m (AU$4.9k revenue, or US$3.2k). Market cap is less than US$10m (AU$1.25m market cap, or US$820.6k). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Annuncio • 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 Board Change • Mar 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. 5 non-independent directors. Executive Director Yuqi Cao was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 08
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$532k 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$532k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (AU$1.51m market cap, or US$953.3k). Annuncio • 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. New Risk • Jan 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m (AU$8.1k revenue, or US$5.0k). Market cap is less than US$10m (AU$1.41m market cap, or US$871.4k). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding). Board Change • Jan 08
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 • Dec 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. 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. Annuncio • 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 • Aug 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. 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 17
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. Annuncio • 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 • Dec 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. Annuncio • Oct 11
Key Petroleum Limited, Annual General Meeting, Nov 29, 2023 Key Petroleum Limited, Annual General Meeting, Nov 29, 2023. New Risk • Sep 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (40% accrual ratio). Revenue is less than US$1m. Market cap is less than US$10m (AU$2.95m market cap, or US$1.88m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Board Change • Aug 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 19
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 • Dec 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 • Nov 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. 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. Annuncio • Oct 17
Key Petroleum Limited, Annual General Meeting, Nov 29, 2022 Key Petroleum Limited, Annual General Meeting, Nov 29, 2022. Agenda: To consider election as a director. Annuncio • Sep 30
Triangle Energy (Global) Limited (ASX:TEG) completed the acquisition of Production License L7 (R1) and Exploration Permit EP 437 from Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd for AUD 1.1 million. Triangle Energy (Global) Limited (ASX:TEG) entered into a sale and purchase agreement to acquire unknown majority stake in Production License L7 (R1) and Exploration Permit EP 437 from Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd for AUD 0.6 million on January 29, 2021. As part of the consideration, Triangle will pay to Key a cash consideration of AUD 0.6 million (AUD 0.25 of which is payable as a nonrefundable deposit, unless Key does not obtain shareholder approval), any outstanding cash calls in respect of L7 based on an agreed work program and budget plus a 5% gross overriding royalty payable on production from L7 and EP 437. The terms of the Sale and Purchase Agreement require Triangle to assume all ongoing liabilities associated with L7 and EP 437 upon completion of the sale. As part of the transaction, Key Petroleum (Australia) Pty Ltd will sell its remaining 50% stake in Production License L7 (R1) and Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd, both will sell their combined 86.94% stake in Exploration Permit EP 437. As per filing on August 12, 2021, Triangle has agreed to make a non-refundable pre-payment of part of the already announced completion payment, of AUD 200,000. The funds raised pursuant to the Placement are intended to be applied towards the cash consideration payable to Key pursuant to the Acquisition, also announced on January 29, 2021, the work program for Mt Horner and EP 437, and general working capital. The transaction is subject to regulatory approval and Triangle receiving binding commitments for a capital raising of at least AUD 1 million. As per filing on August 12, 2021, Due to a number of delays, Key and Triangle have agreed to extend the proposed Cut Off date for the Agreement to September 30, 2021. As of October 6, 2021, Both companies are continuing to complete these regulatory requirements and therefore, Key Petroleum and Triangle have agreed to further extend the proposed Cut Off date for the Agreement to January 31, 2022 and Triangle has agreed to make a further non-refundable pre-payment of part of the already announced completion payment, of AUD 0.1 million. As of February 2, 2022, the proposed cut off date for the agreement is extended to 31 March 2022. As of March 15, 2022, Triangle have agreed to further extend the proposed cut off date for the agreement to June 30, 2022. The remaining AUD0.10 million of the balance owing to Key Petroleum (Australia) Pty Ltd will be paid by Triangle Energy at completion. As of June 16, 2022, Key and Triangle have agreed to further extend the proposed cut off date for the agreement to September 30, 2022. It is anticipated that completion will occur before this date.
Triangle Energy (Global) Limited (ASX:TEG) agreed to acquire Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd from Key Petroleum Limited (ASX:KEY) for AUD 1,1 Million on September 21, 2022. This new Agreement replaces the Sale and Purchase Agreement and Royalty Deeds between Key and Triangle which was announced to ASX on 29 January 2021.
Triangle Energy (Global) Limited (ASX:TEG) completed the acquisition of Production License L7 (R1) and Exploration Permit EP 437 from Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd for AUD 1.1 million on September 30, 2022. 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 32% per year, which means it is performing significantly worse than earnings. Annuncio • Sep 22
Triangle Energy (Global) Limited (ASX:TEG) agreed to acquire Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd from Key Petroleum Limited (ASX:KEY) for AUD 1,1 Million. Triangle Energy (Global) Limited (ASX:TEG) entered into a sale and purchase agreement to acquire unknown majority stake in Production License L7 (R1) and Exploration Permit EP 437 from Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd for AUD 0.6 million on January 29, 2021. As part of the consideration, Triangle will pay to Key a cash consideration of AUD 0.6 million (AUD 0.25 of which is payable as a nonrefundable deposit, unless Key does not obtain shareholder approval), any outstanding cash calls in respect of L7 based on an agreed work program and budget plus a 5% gross overriding royalty payable on production from L7 and EP 437. The terms of the Sale and Purchase Agreement require Triangle to assume all ongoing liabilities associated with L7 and EP 437 upon completion of the sale. As part of the transaction, Key Petroleum (Australia) Pty Ltd will sell its remaining 50% stake in Production License L7 (R1) and Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd, both will sell their combined 86.94% stake in Exploration Permit EP 437. As per filing on August 12, 2021, Triangle has agreed to make a non-refundable pre-payment of part of the already announced completion payment, of AUD 200,000. The funds raised pursuant to the Placement are intended to be applied towards the cash consideration payable to Key pursuant to the Acquisition, also announced on January 29, 2021, the work program for Mt Horner and EP 437, and general working capital. The transaction is subject to regulatory approval and Triangle receiving binding commitments for a capital raising of at least AUD 1 million. As per filing on August 12, 2021, Due to a number of delays, Key and Triangle have agreed to extend the proposed Cut Off date for the Agreement to September 30, 2021. As of October 6, 2021, Both companies are continuing to complete these regulatory requirements and therefore, Key Petroleum and Triangle have agreed to further extend the proposed Cut Off date for the Agreement to January 31, 2022 and Triangle has agreed to make a further non-refundable pre-payment of part of the already announced completion payment, of AUD 0.1 million. As of February 2, 2022, the proposed cut off date for the agreement is extended to 31 March 2022. As of March 15, 2022, Triangle have agreed to further extend the proposed cut off date for the agreement to June 30, 2022. The remaining AUD0.10 million of the balance owing to Key Petroleum (Australia) Pty Ltd will be paid by Triangle Energy at completion. As of June 16, 2022, Key and Triangle have agreed to further extend the proposed cut off date for the agreement to September 30, 2022. It is anticipated that completion will occur before this date.
Triangle Energy (Global) Limited (ASX:TEG) agreed to acquire Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd from Key Petroleum Limited (ASX:KEY) for AUD 1,1 Million on September 21, 2022. This new Agreement replaces the Sale and Purchase Agreement and Royalty Deeds between Key and Triangle which was announced to ASX on 29 January 2021. 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. Executive Departure • Oct 07
Non-Executive Director Dongmei Ye has left the company On the 30th of September, Dongmei Ye's tenure as Non-Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Dongmei's name. Dongmei is the only executive to leave the company over the last 12 months. Annuncio • Dec 19
Key Petroleum Limited Appoints Dongmei (Yvonne) Ye as Non-Executive Director Key Petroleum Limited announced that Ms Dongmei (Yvonne) Ye has been appointed as a Non-Executive Director of the Company with effect from 18 December 2020. Annuncio • Dec 18
Pilot Energy Limited (ASX:PGY) completed the acquisition of remaining 40% stake in Offshore Exploration Permit WA-481-P from Key Petroleum Limited (ASX:KEY). Pilot Energy Limited (ASX:PGY) agreed to acquire remaining 40% stake in Offshore Exploration Permit WA-481-P from Key Petroleum Limited (ASX:KEY) for AUD 1.1 million on September 8, 2020. Pilot Energy will become 100% owner/operator of Offshore Exploration Permit WA-481-Pilot will issue 21 million shares as part of consideration in two tranches being an initial tranche of 4.3 million shares to be issued upon entering into definitive transaction documents and a further 16.7 million shares upon Pilot Energy receiving shareholder approval which will be sought at an extraordinary general meeting of shareholders to be called following the execution of definitive transaction documents. Pilot Energy Limited (ASX:PGY) signed a definitive agreement to acquire remaining 40% stake in Offshore Exploration Permit WA-481-P from Key Petroleum Limited (ASX:KEY) on October 6, 2020.
Transaction is subject to regulatory approval, Pilot and Key shareholders approval. Pilot shareholders' approval will be sought at an extraordinary general meeting of shareholders to be held in November, 2020. On December 10, 2020, the transaction was approved by the shareholders of Pilot Energy Limited. The transaction will complete 3 business days following the satisfaction of all conditions precedent or at a date agreed in writing by the Parties.
Pilot Energy Limited (ASX:PGY) completed the acquisition of remaining 40% stake in Offshore Exploration Permit WA-481-P from Key Petroleum Limited (ASX:KEY) on December 17, 2020. The initial tranche was paid in October, 2020 and final tranche was paid on December 17, 2020. Natalie Lonergan of Squire Patton Boggs acted as legal advisor to Pilot Energy Limited. Alan Mizen of Mizen+Mizen acted as legal advisor to Key Petroleum Limited. Annuncio • Oct 06
Pilot Energy Limited (ASX:PGY) agreed to acquire remaining 40% stake in Offshore Exploration Permit WA-481-P from Key Petroleum Limited (ASX:KEY) for AUD 1.1 million. Pilot Energy Limited (ASX:PGY) agreed to acquire remaining 40% stake in Offshore Exploration Permit WA-481-P from Key Petroleum Limited (ASX:KEY) for AUD 1.1 million on September 8, 2020. Pilot Energy will become 100% owner/operator of Offshore Exploration Permit WA-481-Pilot will issue 21 million shares as part of consideration in two tranches being an initial tranche of 5 million shares to be issued upon entering into definitive transaction documents and a further 16 million shares upon Pilot Energy receiving shareholder approval which will be sought at an extraordinary general meeting of shareholders to be called following the execution of definitive transaction documents.
Transaction is subject to Pilot and Key shareholders approval. The transaction will complete 3 business days following the satisfaction of all conditions precedent or at a date agreed in writing by the Parties. 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. Annuncio • Aug 29
Key Petroleum Limited Announces Executive Changes Key Petroleum Limited announced that the Managing Director, Kane Marshall, will also retire from the Company with effect from 28 August 2020 and will dedicate more time to his other directorships. Ric Jason, who is currently Exploration Manager of the Company, will act as the interim Chief Executive Officer of Key while the Board undertakes a search for a new CEO. 