Latest Energy News

Lakes Blue Energy has wrapped up drilling at its Wombat-5 well in Victoria’s Gippsland Basin, setting the stage for critical gas flow testing to assess commercial potential.

Tamboran Resources' Beetaloo Joint Venture has reached a Final Investment Decision for the Shenandoah South Pilot Project, setting the stage for first gas sales by mid-2026. The project secures key commercial agreements and financing, marking a pivotal shift from exploration to production.

Buru Energy reminds shareholders that its Share Purchase Plan closes on 7 October, offering shares at 2 cents each plus attaching options subject to approval.

Amplitude Energy has launched the retail component of its fully underwritten entitlement offer, aiming to raise approximately A$20 million to support key growth projects including the expansion of the East Coast Supply Project and the potential restart of Patricia Baleen.

Xstate Resources has commenced drilling the Diona-1 well in Queensland’s Surat-Bowen Basin, aiming at three proven hydrocarbon formations with promising resource potential and a rapid path to market.

Invictus Energy has deferred the settlement of a significant AU$37.8 million placement to align with its strategic partnership with Al Mansour Holdings, advancing the development of its Cabora Bassa Project in Zimbabwe.

Invictus Energy has responded to an ASX inquiry about unusual trading activity, clarifying that recent price and volume changes followed a disclosed deferral of a placement tied to a strategic joint venture.

Strike Energy’s FY25 results reveal a strategic pivot to integrated gas and power projects, leadership renewal, and strong financial gains despite a major asset impairment.

Blue Energy Limited invites eligible shareholders to participate in a discounted Share Purchase Plan, offering shares at $0.005 each, matching a recent institutional placement price. The plan aims to raise up to $250,000, providing retail investors a rare chance to buy shares at a significant discount.

Elixir Energy has commenced drilling the Diona-1 conventional gas-oil exploration well in Queensland’s Surat-Bowen Basin, aiming to unlock new production potential and secure long-term asset retention.

TMK Energy Limited plans a significant share consolidation to address low liquidity and price volatility, seeking shareholder approval alongside a capital raise. The move aims to streamline the capital structure and attract institutional interest.

TMK Energy Limited has announced a significant security consolidation, merging every 55 existing securities into one, impacting shares, options, and performance rights with adjusted exercise prices.