Key Petroleum Limited
AASX:KEY0.09
AUD
+0.00
(-2.25%)
ISIN
AU000000KEY4
Return %
Stock
S&P 500
1Y
117.50
14.20
3Y
-56.50
81.12
5Y
-71.00
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Jujun Zhang
- Full Time Employees
- 6
- Sector
- Energy minerals
- Industry
- Integrated oil
- Address
- 10C, 179, North Quay Brisbane QLD Australia 4000
- IPO Date
- Mar 20, 2007
- Website
- keypetroleum.com.au
- Similar Companies
- Business
- Key Petroleum Limited (ASX:KEY) is an Australia-based oil and gas exploration company focused on conventional exploration programs in the Cooper Eromanga Basin, Queensland. The company holds interests in ATP 920 and ATP 924 permits, targeting gas potential in the Permian Toolachee Formation with secondary objectives in the Patchawarra and Arrabury Formations, alongside Jurassic oil prospects; through its wholly owned subsidiary Key Petroleum Services Pty Ltd, it provides specialized services to the hydrocarbon exploration and production industry, including regulatory and compliance advice on title management, environment, health and safety; bespoke environmental management plans, safety systems and survey/drilling programs; site access, geophysical/geochemical surveys, well integrity assessments, intervention and drilling operations, remediation/rehabilitation; and field logistics such as camp management, vehicle support with 4WD, front-end loaders, forklifts and tippers, and civil works. Key Petroleum operates primarily in Australia, with assets located near established infrastructure including the Inland Oil Refinery and multiple gas offtake routes; it was founded in 2006 and is headquartered in Sydney, New South Wales. In recent developments, the company completed the divestment of its Perth Basin interests, including Production Licence L7 and Exploration Permit EP437, to Triangle Energy (Global) Limited (ASX:TEG) in 2023 for total consideration of A$1.1 million comprising cash and shares; applied for renewal of ATP 920 (retaining high-value sub-blocks after relinquishing ~30%) and ATP 924 for a further two-year term into 2025, with approvals anticipated in early FY2024; pursued farm-in investments and new asset acquisitions throughout 2024-2025, including a pro-rata non-renounceable entitlement offer in March-May 2025, capital placements, a 1-for-10 share consolidation in late 2024, and a loan termination in December 2024; and underwent board changes with new director appointments in January 2025 alongside its 2025 AGM where key resolutions passed.