28 Oct 2025annual report● Neutral
Corporate governance statement and Appendix 4G for FY2025, current at 27 October 2025. Administrative compliance filing with no new operational or financial information.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
27 Oct 2025security holder rights change● Neutral
Notice that 428,565,681 listed BUYO options (exercise price $0.025) expire 30 November 2025. Bounty calls them out of the money, with shares at $0.003 on 24 October 2025. Holders can exercise, sell, or let them lapse.
22 Oct 2025agm notice● Neutral
Bounty will hold its 2025 AGM on 27 November 2025. Director nominations close 29 October 2025. Notice of meeting to follow. Administrative only.
1 Oct 2025annual report● Neutral
Media release on FY2025 results: revenue $1.09M, loss $1.62M, cash and current assets $0.96M, nil debt. Queensland 2P/2C reserves are given as 0.62M bbl, revenue is expected to reach $2.4M in 2026, and the PEP 11 hearing is February 2026.
30 Sept 2025annual report▼ Bad
FY2025 accounts: revenue $1.09M (down 33%) and net loss $1.62M versus $0.93M, including $0.41M rehabilitation and $0.34M exploration write-offs. Naccowlah 2P/2C share 159,000 bbl. Naccowlah drilling is now flagged for 2026 rather than 2025.
25 Sept 2025regulatory community update▼ Bad
The PEP 11 judicial review is now listed for a two-day hearing in Federal Court, Sydney on 20 and 23 February 2026. This pushes the hoped-for resolution of Bounty's 15% permit interest back about five months from September 2025.
23 Sept 2025regulatory community update● Neutral
BPH Energy, Bounty's PEP 11 partner, reports Justice Jackson adjourned the 16 September hearing so he can hear it in NSW, and that the Court's orders and reasons are now published. No new date is given here, and no outcome.
23 Sept 2025regulatory community update● Neutral
Bounty repeats that the PEP 11 hearing was adjourned on 16 September to the Federal Court's Sydney registry, with orders and reasons now published. Duplicates the BPH release of the same day; no new substance.
17 Sept 2025price query● Neutral
Responding to an ASX query on heavy trading, Bounty says it knows of no unannounced information explaining it. It notes the PEP 11 hearing began 16 September and was adjourned to the Sydney registry before Justice Jackson.
18 Aug 2025admin correction● Neutral
Corrects the June 2025 Appendix 5B, where financing items 3.1 and 3.4 wrongly repeated March quarter rights issue amounts. The corrected report shows year-to-date equity raised of $252k and June quarter cash of $829k. Administrative fix only.
14 Aug 2025regulatory community update● Neutral
Bounty restates that the PEP-11 judicial review is listed for a two-day Federal Court hearing on 16-17 September 2025. No new information beyond the dates already announced.
31 July 2025quarterly activities report● Neutral
June quarter oil revenue was $222k; FY25 oil revenue $1.09M. Cash $0.84M, nil debt. Surat Basin restart is again pushed to 2025/26, with revenue targeted above $2M pa later in 2025-26 and $3M pa later in 2026. PEP 11 hearing set for 16 September.
30 Apr 2025quarterly activities report● Neutral
March quarter oil revenue was $210k (about 20 bopd net); cash $0.78M, nil debt. Oil revenue guidance is cut to $1.1M pa from mid 2025, with above $2.0M pa later in 2025-26. Alton production is now later 2025. PEP 11 decision suspended pending review.
18 Mar 2025regulatory community update▲ GoodMajor
Federal Court set a timetable for the PEP 11 judicial review, with a 2-day hearing on 16-17 September 2025. It also suspended the Joint Authority's refusal from 16 January 2025 until further order. This keeps Bounty's 15% interest alive for now; no outcome yet.
14 Mar 2025half year report● Neutral
Half-year to 31 December 2024: petroleum revenue $627k (down 25% on $837k), net loss $365k versus $653k a year earlier. Output averaged 28 bopd at Naccowlah. Confirms the quarterly figures already reported; Alton restart and 2025 drilling remain plans.
13 Feb 2025regulatory community update● NeutralMajor
PEP 11 operator Asset Energy filed a Federal Court judicial review application seeking to quash the Joint Authority's refusal and send the applications back for reconsideration. Bounty holds 15%. It is a legal challenge, not an outcome.
4 Feb 2025capital raising announcement▼ BadMajor
The rights issue raised only $252,000 against the roughly $1.5M target, with 62.97M shares taken up of 374.6M offered. The unsubscribed shortfall remains open until 1 May 2025. A far smaller raise than planned.
What it means for a shareholder
63.0m new shares at about A$0.004 to raise about A$252,000. That's 4.0% dilution: every existing holder's slice gets 4.0% smaller. If you held A$1,000 of shares (249,881 at the issue price), your slice goes from 0.0167% to 0.016% of the company. To keep it you'd need 10,500 more shares - about A$42 at the issue price.
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31 Jan 2025quarterly activities report● Neutral
December quarter oil revenue was $354k (six months $663k), with 28 bopd net. Cash was $1.06M, nil debt. The rights issue had raised only $231k so far. Alton production is now expected mid 2025; Queensland reserves 313,000 bbl.
20 Jan 2025regulatory community update▼ BadMajor
BPH Energy, as the PEP 11 joint venture partner, announces the Joint Authority refused the 2020 and 2021 extension applications. The permit stays in force for two months from 17 January 2025. The JV is taking legal advice on review.
20 Jan 2025regulatory community update▼ BadMajor
Bounty confirms NOPTA notified it on 17 January that the Joint Authority refused the PEP 11 applications. This confirms the September preliminary view; the permit continues two months. Bounty's 15% interest is now at risk, and the JV is seeking legal advice on review.
17 Jan 2025other● Neutral
ASX paused trading in Bounty shares pending a further announcement. No reason is given in the notice; it was followed by the PEP 11 refusal news.
14 Jan 2025capital raising announcement● Neutral
Rights issue closing extended a fourth time, to 31 January 2025. Terms are unchanged, and the shortfall window now runs to 1 May 2025. Repeated extensions suggest slow take-up (inference).
7 Jan 2025capital raising announcement● Neutral
Rights issue closing extended a third time, to 17 January 2025, citing the holiday break. Terms are unchanged. Funds are described as supplementing Surat Basin oil production and development.
17 Dec 2024capital raising announcement● Neutral
Rights issue closing extended again to 10 January 2025, citing the holiday break. The 50% shortfall cap is removed. CEO Kelso and the directors intend to take up their full entitlements, about $51,000 combined.
5 Dec 2024capital raising announcement● Neutral
The rights issue closing date was extended from 10 December to 20 December 2024 to give shareholders more time. Terms are unchanged at 0.4 cents per share. The shortfall window now runs to 20 March 2025.
28 Nov 2024agm notice● Neutral
All six resolutions at the 27 November AGM passed on a poll, including the remuneration report (79% for), Sachin Saraf's re-election and the 10% placement facility. Shares on issue were 1,498,500,982.
27 Nov 2024investor presentation● Neutral
AGM presentation restates the Queensland oil development plan, PEP 11 and Jacobson, citing 631,000 bbl 2P/2C interests and a 280–355 bopd production target. Market cap is $7.5M at a $0.005 share price. Largely repeats known facts.
26 Nov 2024capital raising announcement● Neutral
Offer documents were dispatched to shareholders for the rights issue, with record date 22 November. Peloton Shareholder Services is the contact point. Shortfall applications are capped at 50% of entitlement. Administrative notice, no new financial terms.
18 Nov 2024capital raising announcement● Neutral
Offer document for the 1-for-4 rights issue at $0.004 per share, targeting about $1,498,500. Opens 26 November, closes 10 December 2024. It is not a prospectus and calls the shares speculative. Repeats terms already announced.
18 Nov 2024capital raising announcement● NeutralMajor
Bounty proposes a 1-for-4 non-renounceable rights issue of up to 374.6M shares at 0.4 cents to raise about $1.5M, a 20% discount to the 15 November close. Funds go to Queensland oil drilling in early 2025, working capital and WA gas opportunities. Not underwritten.
What it means for a shareholder
375m new shares at A$0.004 to raise about A$1.5m. That's 20% dilution: every existing holder's slice gets 20% smaller. If you held A$1,000 of shares (250,000 at the issue price), your slice goes from 0.0167% to 0.0133% of the company. To keep it you'd need 62,496 more shares - about A$250 at the issue price.
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