Red Sky Energy announced it has successfully flowed live oil to surface at Killanoola-1 DW-1 after receiving approval from the Government of South Australian (SA Government) Department for Energy and Mining (DEM). The Killanoola Project: The Killanoola oilfield was discovered by the Killanoola-1 well in 1998 at a depth of 850 metres. The oil is a 34° API waxy crude. Previous flow tests of the well have recorded rates of up to 300 bopd. DW-1 - Activity Approval was received to commence testing of the existing 5 metres of pay at DW-1. Contracts for the testing were awarded, equipment was successfully mobilised to site and testing commenced as planned on 10 December 2021. Production Test Results to Date: After unloading existing fluid in the production tubing and annulus the well commenced to produce live oil with no water.