Investors eyeing opportunities in the oil and gas exploration sector have a new prospect to consider with the upcoming listing of D3 Energy Limited (ASX:D3E). The company’s initial public offering (IPO) is slated for 26 April 2024, promising to bring fresh energy to the Australian stock market.
Listing Details
D3 Energy’s listing on the ASX is scheduled for 26 April 2024, providing investors with an opportunity to participate in the company’s journey. Interested parties can access additional information and updates directly from the company’s website at https://d3energy.com.au/. For inquiries, D3 Energy can be contacted via phone at +61 2 8072 1400.
Principal Activities and Issue Details
As an oil and gas exploration company, D3 Energy is dedicated to identifying and developing promising energy resources. The issue price for its ordinary fully paid shares is set at AUD 0.20. Through its IPO, D3 Energy aims to raise $10,000,000 in capital to support its exploration activities.
Joint Lead Managers
The IPO is being facilitated by Peloton Capital Pty Ltd and Originate Capital Pty Ltd, serving as Joint Lead Managers. Notably, the offering is not underwritten, reflecting the confidence of both investors and management in D3 Energy’s prospects.
Opportunity for Investors
For investors seeking exposure to the oil and gas sector, D3 Energy’s upcoming listing presents a compelling opportunity. With a focus on exploration and development, D3 Energy aims to capitalize on the growing demand for energy resources, driving potential growth and value for its shareholders.
As D3 Energy prepares to debut on the ASX on 26 April 2024, investors are encouraged to conduct thorough research and consider the company’s prospects within the broader energy landscape. With a strong management team, strategic vision, and promising exploration projects, D3 Energy is poised to make an impact in the oil and gas sector. As always, investors should assess their investment objectives and risk tolerance before participating in the IPO. Stay tuned for further updates as D3 Energy embarks on its journey as a publicly listed company.
