Red Sky Energy Receives Approval for Construction of Well at South Australia Project; Shares Rise 33%

MT Newswires Live

2025/09/08

Red Sky Energy (ASX:ROG) received South Australian Department for Energy and Mining approval for the construction of the KN2 well site at the Killanoola oil project, according to a Monday filing with the Australian bourse.

Construction of the pad is expected to be completed in two weeks, the filing said.

Shares of the company rose past 33% in recent Monday trade.

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