BUY
Director Trades
| Date | Director | Value |
|---|---|---|
| G. Reveleigh | $22,378 | |
| C. Ross | $3,200 |
Company News
BPH Energy Looking for Continued Progress in PEP 11 Permit Court Case
BPH Energy (ASX: BPH) is looking for more favourable news involving the PEP 11 permit off the NSW coast in an upcoming Federal Court hearing in the middle of September. BPH has a stake in the permit through its 35.8% direct interest in unlisted Advent Energy, which owns PEP 11 permit operator Asset Energy. A […]
Bounty Oil & Gas backs BPH Energy and Advent in dispute over PEP-11 gas exploration rights
Unlisted Advent Energy and its major shareholder BPH Energy (ASX: BPH) have found an ally in Bounty Oil & Gas (ASX: BUY) regarding their assertions that the New South Wales government is treading in federal territory with its new plans to block activity in the large PEP-11 permit. Operated by Advent, with Bounty holding a […]
Failure of bill looking to ban offshore oil and gas activities opens door for BPH Energy’s exploration plans
BPH Energy (ASX: BPH) and its investee company Advent Energy have welcomed news that a bill that had the potential to block oil and gas exploration off the NSW coast has failed. The unlisted Advent (through its wholly-owned subsidiary Asset Energy) and joint venture partner Bounty Oil & Gas (ASX: BUY) are currently in discussions […]
BPH Energy secures $1.9m to fund hydrocarbon projects and Cortical Dynamics
Diversified hydrocarbon and biotechnology development company BPH Energy (ASX: BPH) has come out of a five-day trading halt to confirm the successful completion of a capital raising to support a number of its growth projects. New high-net-worth, family office and institutional organisations were amongst the investors that participated in a placement that received binding commitments […]
BPH Energy resumes trading following PEP-11 controversy
Oil and gas investment company BPH Energy (ASX: BPH) has returned to ASX trading from a three-month suspension after clarifying details around its controversial PEP-11 offshore gas project. The company, which owns 36.1% of the offshore NSW project’s operator Advent Energy, today released an announcement to the market that clarifies comments made in news articles […]
‘Biased’ decision on PEP 11 gas permit overturned for BPH Energy
BPH Energy (ASX: BPH) and Bounty Oil & Gas (ASX: BUY) have announced their victory in Federal Court proceedings against the Commonwealth to allow their offshore oil and gas permit PEP 11 to continue. The joint venture partners released statements this week advising of the resolution of the proceedings between PEP 11 operator Asset Energy, […]
BPH Energy, Bounty Oil & Gas and Commonwealth pave way to resolve impasse on critical NSW offshore gas project
Former prime minister Scott Morrison’s unprecedented move to block a vast NSW offshore gas project, PEP 11, from going ahead looks now as if it will be overturned. The companies involved — BPH Energy (ASX: BPH) and Bounty Oil & Gas (ASX: BUY) — have filed proposed consent orders in the Federal Court of Australia […]
BPH Energy seeks government reconsideration of permit extension as gas crisis looms
Gas explorer Asset Energy, the investee of BPH Energy (ASX: BPH), is calling for the New South Wales and federal governments to “urgently” rethink their opposition to its offshore permit as Australia faces the grim reality of a major gas crisis. At the start of August, federal resources minister Madeleine King opened consultations on ways […]
BPH subsidiary Advent Energy secures Aztech Well Construction Services to advance Seablue-1
BPH Energy’s (ASX: BPH) subsidiary Advent Energy has engaged Aztech Well Construction Services to provide drill project management services for its upcoming Seablue-1 exploration well. The companies have executed a letter of intent with the well to be drilled in 125m of water about 26km offshore and 30km from Newcastle in New South Wales. It […]
BPH Energy releases rebuttle of claims after Labor calls for huge gas project to be blocked
With an announcement on the fate of the huge PEP 11 gas project off the NSW coast reported to be imminent, BPH Energy’s (ASX: BPH) investee Advent Energy has hit back at demands it be abandoned. Local MPs, Emma McBride (Labour, Dobell) and Lucy Wicks (Liberal, Robertson) have come out against the project and the […]
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