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ASX LIVE: ASX poised to open lower with RBA meeting in focus

Australian shares are down 0.6pc; Liontown and Tesla execute offtake agreement; Magellan FUM drops $3.6b in May; Australian job ads steady in May; Tab settles Racing QLD dispute. Follow the latest here.

Cooper Energy (ASX:COE) shares climb on revised FY22 EBITDAX guidance

Cooper Energy (ASX:COE) has upgraded its 2022 financial year guidance for underlying earnings before interest tax depreciation amortisation, and exploration expense (EBITDAX).

Australia: AGR engaged by Emperor Energy to progress permitting of Judith-2 well off Australia

AGR’s Well Management division has secured a new contract with Emperor Energy on its Judith-2 appraisal well off the coast of Victoria, Australia. The well is planned for the Judith gas field located in permit Vic/P47 in the Gippsland Basin, 40km offshore from the Orbost gas plant.

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