| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Andrew Melville Knox B.Com, B.Com., C.A., C.P.A., CA, CPA, FAICD CEO | XFRA Exchange | SE0015660287 ISIN |
| Australia Country | - Employees | - Last Dividend | - Last Split | 11 May 2007 IPO Date |
Red Sky Energy Limited is a focused entity within the oil and gas sector, dedicated to the exploration and development of energy resources. Founded in 2001 and headquartered in Melbourne, Australia, the company has established a strategic presence in the energy market by acquiring, drilling, and developing oil and gas projects both in the United States and Australia. With an emphasis on sustainable and efficient exploitation of energy resources, Red Sky Energy Limited has positioned itself as a key player in the industry. The company’s intent on contributing to the energy sector is underscored by its flagship project, the Killanoola Oil Project, strategically located in the Otway Basin, South Australia. This project, covering an area of approximately 17.5 square kilometers, represents a significant step towards realizing the company’s vision of becoming a leading provider of energy solutions while adhering to environmental and safety standards.
As the core of its business activities, Red Sky Energy Limited engages in extensive exploration activities to identify viable oil and gas reserves. Utilizing state-of-the-art technology and innovative methodologies, the company aims to discover untapped resources, thus expanding its portfolio and ensuring a consistent supply of energy resources.
Upon successful exploration and confirmation of feasible sites, Red Sky Energy transitions into development phases aimed at extracting and producing oil and gas. The Killanoola Oil Project is an exemplary project under this category, showcasing the company’s commitment to bringing robust energy solutions to market.
Part of Red Sky Energy's strategic approach includes the acquisition of promising oil and gas resources. By carefully selecting projects with significant potential, the company diversifies its risk and capitalizes on opportunities that offer substantial ROI while contributing to global energy sufficiency.