Latest Energy News

Horizon Oil has finalized amendments to its senior debt facility with Macquarie Bank, enabling the acquisition of significant gas assets in Thailand that will add approximately 2,000 barrels of oil equivalent per day to its production.

Lakes Blue Energy has raised $6.5 million through a fully underwritten placement to fund the drilling and testing of its Wombat 5 appraisal well in Victoria, positioning itself to address looming gas shortages on Australia’s east coast.

Finder Energy Holdings has had its trading suspension lifted following a significant announcement about a development alliance and accelerated project planning for its Kuda Tasi and Jahal assets.

Finder Energy has partnered with global energy giant SLB to fast-track the engineering phase of the Kuda Tasi and Jahal oil fields, potentially bringing forward first oil by a year. This strategic alliance promises cost savings and a streamlined path to project execution.

Beetaloo Energy has begun hydraulic stimulation on its record-length Carpentaria-5H well in the Beetaloo Basin, aiming to unlock enhanced gas production with advanced techniques. Results from the upcoming production test will be pivotal for the company’s pilot project and future development plans.

Metgasco’s Odin and Vali gas fields delivered their strongest monthly production in nearly six months, setting the stage for a planned Production Uplift Program starting mid-July.

D3 Energy has acquired two promising exploration permits in South Australia’s Arckaringa Basin, marking a strategic move to diversify its helium and hydrogen portfolio alongside its South African assets.

Contact Energy's May 2025 report reveals a decline in mass market sales yet highlights improved generation efficiency and rising netback prices, alongside steady progress on key infrastructure projects.

Brookside Energy has identified two promising sub-plays within its SWISH Area of Interest in Oklahoma’s Anadarko Basin, targeting the Simpson Group sands and Caney Shale formations with modern drilling techniques.

Contact Energy's May 2025 report reveals a decline in mass market sales but improved netback prices and generation efficiency, alongside mixed progress on key infrastructure projects.

Tamboran Resources has reported a record IP30 flow rate of 7.2 MMcf/d from its Shenandoah South 2H ST1 well, matching top US shale benchmarks and paving the way for a 40 MMcf/d pilot project by mid-2026.

Tamboran Resources has reported a record 30-day initial production flow rate from its Shenandoah South 2H sidetrack well in the Beetaloo Basin, aligning with prolific US shale benchmarks and setting the stage for commercial gas sales by mid-2026.