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MARKET MOVEMENTS: Brent crude oil rises 1% to $75.33 a barrel. European natural gas rises 4.9% to EUR 43.10 a megawatt hour. Gold futures fall 1.4% to $1,955.80 a troy ounce.
. | March 27, 2023
Bounty is an Australian ASX listed oil producer and explorer (ASX:BUY). Its core petroleum production and exploration assets are located onshore in the Cooper/Eromanga Basins and in the Surat Basin in Queensland and South Australia. Its growth assets are spread over a number of high impact projects in Australia and Tanzania where it is exploring for oil and gas. In Australia; offshore it holds AC/P 32 Timor Sea and is a participant in PEP 11, Sydney Basin.
Huatai Securities’ record share placement plan has triggered alarm bells at China’s securities watchdog, as brokerages look to tap the capital market to replenish funds.