Latest Oil Gas Exploration And Production News

Greenvale Energy Ltd has voluntarily suspended its shares on the ASX to finalize a capital raising, with trading expected to resume following an imminent announcement.

Woodside Energy Group unveiled an ambitious growth strategy at its 2025 Capital Markets Day, targeting a net operating cash flow of around US$9 billion by the early 2030s, driven by key LNG and ammonia projects.

Finder Energy has signed a farmout agreement assigning 40% of its North Sea P2530 licence to Serica Energy, retaining operatorship and a 20% stake. This move aims to accelerate appraisal and development of the Wagtail oil discovery through strategic partnership and regulatory approvals.

Jade Gas Holdings has appointed industry veteran Chris Newport as Managing Director to spearhead its transition from exploration to production in Mongolia’s coal bed methane sector. Newport’s extensive global experience is expected to accelerate the company’s commercialisation efforts ahead of first gas output.

TMK Energy Limited has successfully passed all resolutions at its recent General Meeting, including a significant share placement involving directors and a substantial consolidation of its capital structure.

ADX Energy reports a 17% production dip in Q3 2025 due to well downtime but boosts sales revenue by 23%, while advancing drilling plans and acquiring key infrastructure.

Jade Gas Holdings has achieved continuous gas flow from two production wells and secured its first LNG sales agreement with Mongolia’s largest natural gas importer, UB Metan LLC. The company also raised $5 million to support its commercial operations.

Central Petroleum reported a slight dip in sales volumes and revenue for the September quarter, offset by a significant reserves upgrade and a new long-term gas supply agreement that promises cash flow stability.

Lakes Blue Energy marked a pivotal quarter with its ASX reinstatement, a $5.8 million capital raise, and completion of the Wombat-5 well, setting the stage for imminent production testing and resource upgrades.

Whitebark Energy’s fresh petrophysical analysis reveals significant dry gas zones in its Warro Gas Field, boosting its commercial prospects and prompting a $750,000 capital raise to fast-track development.

Cue Energy Resources reported steady production with notable gains at Mahato and Maari fields, alongside a new gas supply deal and a $3.5 million dividend payment.

Strike Energy has made significant strides in its integrated gas-to-power strategy, advancing the South Erregulla Peaking Gas Power Station and securing a major $86 million investment from Carnarvon Energy. The company also confirmed a substantial 180 PJ contingent resource at Ocean Hill, positioning itself strongly in Western Australia's evolving energy market.