Latest Bowen Basin News

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.

State Gas Limited is on the cusp of securing its first 2P Reserve certification for the Rolleston West Project, while progressing its innovative High Density Natural Gas technology despite financial and operational hurdles.

Bowen Coking Coal Ltd has released its updated 2025 Coal Resources and Reserves statement, reflecting mining depletion and joint venture ownership changes amid ongoing administration. The report details nuanced shifts across key Queensland projects, underscoring operational challenges and asset continuity.

Bowen Coking Coal Ltd has released its mid-2025 update on coal resources and reserves across key Queensland projects, confirming 11 million tonnes of run-of-mine coal reserves at Ellensfield South and Plumtree North. The report also highlights a significant resource increase at Hillalong South and a steady reserve position at Broadmeadow East amid ongoing administration.

Comet Ridge has made significant progress in its Mahalo Gas Hub development, advancing engineering design and securing independent certification of substantial gas reserves. The company is moving closer to a Final Investment Decision amid ongoing regulatory and commercial negotiations.

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.

Yari Minerals has increased its inferred coal resource at the Rolleston South project by 26% to 190 million tonnes and raised $1.5 million to fund an inaugural drilling campaign aimed at upgrading resource status and confirming metallurgical coal potential.

Xstate Resources has significantly upgraded its Prospective Resource estimate for the Diona Block in Queensland, revealing substantial Basin Centred Gas potential that could reshape the project’s outlook.

Blue Energy has successfully raised $5.8 million through an oversubscribed Share Purchase Plan and placement, positioning itself to accelerate gas appraisal and infrastructure projects in Queensland’s North Bowen Basin.

Stanmore Resources delivered record coal production in Q3 2025, driven by strong operational execution at South Walker Creek and Poitrel, while adjusting full-year guidance to reflect site-specific challenges and market conditions.

Yari Minerals has announced a substantial 140% increase in its JORC Inferred Coal Resource at the Rolleston South Project in Queensland, now totaling 190 million tonnes. The company is actively drilling to upgrade resource confidence and confirm coal quality, positioning itself for future development.

Yari Minerals has begun a targeted drilling campaign at its Rolleston South Coal Project to confirm semi-soft metallurgical coal and upgrade its resource classification, setting the stage for a 2026 scoping study.