Latest Oil And Gas Exploration News

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Omega Oil and Gas has secured a significant 19.43% equity interest in Elixir Energy, strengthening its foothold in Queensland’s Taroom Trough ahead of key drilling activities in 2026.
Maxwell Dee
Maxwell Dee
25 Nov 2025
Omega Oil and Gas has secured a significant 19.43% equity interest in Elixir Energy, broadening its footprint in Queensland’s Taroom Trough and positioning itself for near-term exploration catalysts.
Maxwell Dee
Maxwell Dee
25 Nov 2025
88 Energy Limited has expanded its North Slope footprint with 14 new leases near the Prudhoe Bay oilfield, targeting high-quality Ivishak reservoirs and underexplored areas east of the Trans Alaska Pipeline. The company plans seismic reprocessing and a multi-zone exploration well in 2026.
Maxwell Dee
Maxwell Dee
20 Nov 2025
3D Energi Limited has successfully intersected two gas-bearing reservoirs at its Essington-1 exploration well offshore Victoria, with wireline logs confirming moveable hydrocarbons consistent with pre-drill expectations. Upcoming formation testing will determine the commercial potential of these discoveries.
Maxwell Dee
Maxwell Dee
17 Nov 2025
Omega Oil and Gas has inked a binding Letter of Intent with Helmerich & Payne for a cutting-edge drilling rig to spearhead its expansive 2026/27 Taroom Trough appraisal program, aiming to unlock significant unconventional gas and liquids resources.
Maxwell Dee
Maxwell Dee
12 Nov 2025
NuEnergy Gas Limited reported a cash outflow for the September quarter, continuing its exploration spend while progressing an early gas sales initiative and preparing for further capital raising.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Xstate Resources has successfully re-listed on the ASX and drilled the Diona-1 well in Queensland, revealing a significant overpressured gas column that could accelerate gas sales by mid-2026.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Key Petroleum Limited is on the cusp of securing critical government approvals for its Queensland projects, bolstered by new major shareholders and strategic board changes that set the stage for accelerated development and diversification.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Omega Oil and Gas has bolstered its balance sheet with a $46 million equity placement and confirmed the strong commercial potential of its Canyon Project, setting the stage for a major appraisal campaign in 2026.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Galilee Energy reported steady cash reserves and ongoing reservoir pressure monitoring at its Glenaras Gas Project, while exploring new funding and growth opportunities.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Emperor Energy has secured a significant resource upgrade for its Judith Gas Field and raised $3.7 million to progress the Judith-2 appraisal well, targeting commercial gas supply in a tightening East Coast market.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Xstate Resources has secured $3.82 million through a two-tranche capital raising to advance appraisal and production testing at its Diona-1 well in Queensland, positioning the company for critical flow testing and further exploration.
Maxwell Dee
Maxwell Dee
31 Oct 2025