Red Sky Energy Limited. (ROG:ASX)
Red Sky Energy Limited is an Australia-based oil and gas acquisition and development company. The Company's principal activities are exploration for economic deposits of oil and gas. The Company operates through the exploration and development of properties for the development of oil and gas segment. Its exploration assets are located in the United States. It focuses on acquiring, drilling and developing onshore North American oil and gas resources. The Company's gas projects include Gold Nugget Field. The Gold Nugget Field includes multiple discrete sandstone reservoirs and is located in the Wind River Basin, Wyoming. The Gold Nugget covers the area of over 320 acres. Gold Nugget produces over 150 million cubic feet (MCF) of gas and five barrels of oil per day. Its projects also include Killanoola Project, which holds petroleum retention license 13 (PRL13) that is located near the township of Penola in southeast South Australia.