Baraka has had an action-packed year culminating in a recent boardroom clean-out and a promise to “long suffering BKP shareholders, we have heard your call for change”.

It’s nonetheless been a rewarding year for shareholders who hung in there with the stock moving from 0.1c as high as 0.9c.

Baraka owns a permit to drill for petroleum in an attractive basin (Southern Georgina) in the Northern Territory. A moratorium on fracking meant it remained idle but regulatory changes in April look set to change that.