BPH Energy Limited (ASX:BPH) Quarterly Activities Report Out

  • November 02, 2020 08:25 PM AEDT
  • Team Kalkine

BPH Energy Limited (ASX:BPH) released its quarterly activities report for the period ended 30 September 2020.

Gold MTF non-AMP

On 23 July 2020, the Company had announced that it had completed a placement and that it intended to undertake a non-renounceable rights issue. The placement comprised of 29,987,500 fully paid ordinary shares at an issue price of $0.015 per share. In August 2020, BPH completed the 2 for 5 non-renounceable rights issue at $0.015 per share and in September, 300,000 options were exercised at an exercise price of $0.02 per share.

The declaration also featured that Investee Advent Energy Ltd has submitted an application to enable the drilling of the Baleen drill target in the PEP11 permit offshore NSW to the National Offshore Petroleum Titles Administrator. The application also includes the extension of the permit for up to two years and for the removal of the requirement for a 500 sq km 3D seismic programme.

Meanwhile, the share price of BPH hovered around $0.042 per share with a market capitalisation of 24.69 million at 2:06 PM AEDT.



The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK