Latest Oil Gas Exploration And Production News

Beetaloo Energy’s Carpentaria-5H well has delivered one of the highest gas flow rates in the Beetaloo Basin, showcasing promising long-term productivity and paving the way for pilot gas sales in 2026.

Buru Energy is actively pursuing funding for its 2026 drilling campaign to validate resources at the Rafael Gas Project, aiming for a Final Investment Decision in the second half of 2026 and first cashflow by 2028.

Whitebark Energy’s latest technical review of the Warro Gas Field reveals that water production issues are confined to specific fault zones, enhancing prospects for commercial gas flow and prompting immediate engineering evaluations.

Emperor Energy appoints Tim Handley as Managing Director to spearhead the Judith Gas Field's next phase, including the critical Judith-2 appraisal well planned for Q3 2026.

Central Petroleum has signed a binding Letter of Intent with Northern Territory's Power and Water Corporation to fast-track drilling of four wells and establish long-term gas supply agreements through 2034.

Beetaloo Energy has reached a Final Investment Decision for its Carpentaria Pilot Project, paving the way for gas sales from EP187 starting in 2026. This milestone follows key agreements and approvals, marking a significant step in Northern Territory’s energy development.

Finder Energy is rapidly advancing its KTJ oil development project with the strategic acquisition of the Petrojarl I FPSO and key partnerships, targeting a Final Investment Decision by mid-2026.

Beetaloo Energy has received a groundbreaking approval from the Northern Territory Government, enabling pilot gas production and sales from EP187 and advancing construction of the Carpentaria Gas Plant.

Stonehorse Energy’s first well in Alberta’s Ellerslie reservoir is producing ahead of schedule and below budget, prompting plans for three more wells in 2026 to deepen its foothold in Western Canada.

QPM Energy Limited has voluntarily suspended its ASX securities pending a significant announcement on a strategic investment and capital raising, expected by December 4, 2025.

Galilee Energy has secured an option to acquire the Zydeco Gas Project in Louisiana, marking a strategic expansion into the US market, supported by a A$6.5 million capital raise to accelerate development.

Conrad Asia Energy has secured transformative funding and a farm-down deal for its Mako gas field, setting the stage for first gas production by late 2027 amid soaring Indonesian gas demand.