Latest Amadeus Basin News

Central Petroleum has secured a new 1.3 petajoule gas supply agreement with McArthur River Mining, enhancing cash flow certainty through fixed pricing and take-or-pay terms.

Echelon Resources has inked a significant gas supply agreement with McArthur River Mining, locking in 2.1 petajoules of firm gas plus additional volumes for 2026 and 2027. This deal underscores Echelon’s growing role in powering key Northern Territory industries.

Greenvale Energy has initiated its first-ever ground exploration program at the Henbury Uranium Project in the Northern Territory, targeting 21 promising uranium anomalies identified through advanced geophysical analysis.

Echelon Resources reports a robust 34% revenue increase and 26% production growth for FY2025, driven by expanded stakes and drilling success at the Mereenie field. The company balances strong cash flow with strategic reinvestment and a modest dividend.

Echelon Resources Limited reported a robust financial year ending June 2025, driven by strategic asset acquisitions and strong commodity prices, delivering a 34% revenue increase and a near 20-fold jump in net profit after tax.

High Peak Royalties Limited reported stable royalty receipts of A$345,240 for the June 2025 quarter, maintaining cash flow while advancing monitoring of key gas and geothermal assets across Australia and the US.

Echelon Resources finalised its EP145 acquisition and reported a slight dip in production volumes, while Amadeus Basin receipts surged 24% thanks to new wells. The company maintains a strong cash position and is actively reshaping its portfolio for future growth.

Central Petroleum Limited has announced an on-market share buy-back program of up to 10% of its issued shares, supported by robust cash flows from new multi-year gas sale contracts and existing reserves.

Central Petroleum Limited reports a robust 22% increase in full-year revenue for FY25, driven by new gas sale contracts and strong operational cash flows. Production at key fields remains steady despite temporary constraints.

Tali Resources has completed detailed geophysical modelling on five key prospects within its West Arunta Project, confirming priorities for an imminent drilling campaign scheduled for August 2025.

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.

High Peak Royalties reported steady royalty income for Q1 2025, completed a significant geothermal asset sale to Northstar Energy, and achieved a debt-free balance sheet following full repayment of its Macquarie facility.