Oil and Gas Activities
Since its listing on the ASX in 2004, K2 has conducted oil and gas exploration activities in the USA and since that time, has spent approximately $40 million on oil and gas drilling. There has been a massive decline in the price of oil and gas in the US over the years, which was K2's main area of operation. K2's oil and gas operations have decreased in line as a result of the industry's economic conditions over the years and K2 is undertaking no such activities currently.
Since July 2021, K2 Energy has been listed on the National Stock Exchange (NSX) under the code KTE.