Latest Energy News

Botala Energy’s Pitse Pilot well 3.5B in Botswana is producing 200 barrels of water per day with measurable casing pressure despite limited reservoir drawdown, signalling effective stimulation and promising progress toward commercial coal bed methane production.

D3 Energy has successfully drilled and intersected gas in the first of two wells at its Nooitgedacht site in South Africa, with the second well underway. The results support expanding helium reserves and future production rights.

Macallum New Energy has released an independently certified maiden Prospective Resource estimate for its Aberfeldy Prospect in the North Perth Basin, revealing significant unrisked recoverable oil and gas volumes under two fluid scenarios.

Comet Ridge has raised $40 million through a placement and $875,750 via a share purchase plan to fund the acquisition of Santos’ remaining stake in the Mahalo Gas Project and progress development activities.

Echelon Resources has finalised its divestment of Cue Energy shares, boosting cash and cutting debt, while progressing key drilling and gas supply agreements.

Jade Gas Holdings has secured regulatory approvals for Mongolia’s first coal bed methane reserves, completed a A$12 million capital raise, and signed a non-binding A$1.1 billion collaboration agreement to fund initial development of its Red Lake gasfield.

Omega Oil & Gas has kicked off its most ambitious drilling program yet in Queensland’s Taroom Trough, starting with the Canyon-3 well as part of a fully funded 2026/27 appraisal campaign targeting significant unconventional oil and gas resources.

Equus Energy has completed a critical Pre-FEED study for its Equus Gas Project, confirming two cost-effective development pathways and initiating commercial partnerships. The company also strengthened its board and maintains a solid cash position heading into FEED.

Elixir Energy has advanced its Queensland Taroom Trough gas projects with successful stimulation and flow testing at Lorelle-3H, a new contingent resource booking at ATP2057, and a pipeline feasibility agreement with APA Group.

Blue Star Helium has completed the commissioning phase of its Pinon Canyon helium plant, secured a three-month helium offtake agreement with a major US buyer, and begun selling helium as it prepares for production ramp-up in the second half of 2026.

SRJ Technologies has transitioned from contract awards to operational delivery in the Middle East, supported by a recent A$2.57 million capital raise and a strategic partnership with robotics OEM Nexxis.

Frontier Energy (ASX: FHE) has locked in credit-approved debt facilities worth up to A$280 million and completed a $110 million equity raise, clearing the way for construction of its Waroona Renewable Energy Project in Western Australia.