Denison raises A$42M for QLD development

PRIVATELY backed Denison Gas has raised A$42 million to drill new wells and boost production from its Queensland gas assets in the Bowen Basin.

Denison raises A$42M for QLD development Denison raises A$42M for QLD development Denison raises A$42M for QLD development Denison raises A$42M for QLD development Denison raises A$42M for QLD development

Denison said late last week it has signed a "series of agreements" with lenders to fund its next phase of development, which will target 22 petajoules of existing 2P reserves.