Latest Contingent Resources News

Amplitude Energy has agreed to buy half of the Artisan gas field from Beach Energy for $58.3 million upfront plus a capped royalty, accelerating gas production and enhancing the East Coast Supply Project’s economics.

Legacy Minerals has delivered a robust Scoping Study for its Mt Carrington gold-silver-copper project, confirming a high-margin 12-year operation with significant growth potential and manageable capital requirements.

Gold Hydrogen is accelerating Helium development at its Ramsay Project, leveraging exceptional purity results and independent modelling amid a tightening global Helium supply.

Xstate Resources has confirmed a significant over-pressured Permian gas and condensate discovery at its Diona-1 well in Queensland, with ongoing flow testing revealing promising transient gas responses constrained by hydrostatic fluid columns.

Condor Energy has submitted its application to convert the offshore Tumbes Basin TEA 86 into a Licence Contract, securing 100% ownership and expanding its prospective resources to over 3.3 billion barrels of oil and 1 Tcf of gas.

Elixir Energy's Diona-1 well in Queensland confirms a recoverable overpressured Permian gas resource, enlarging its Taroom Trough footprint to 548,000 net acres. Flowback testing continues with plans for artificial lift to boost production.

Finder Energy (ASX:FDR) is advancing its KTJ Project in Timor-Leste, aiming for a final investment decision by mid-2026 and first oil production by late 2027. Ownership of the Petrojarl I FPSO and strategic alliances underpin a fast-tracked development with forecast production of up to 30,000 barrels per day.

Equus Energy’s Pre-FEED study confirms the technical and commercial viability of its North West Shelf gas project, leveraging existing infrastructure to reduce costs and execution risks while targeting both LNG export and WA domestic gas markets.

D3 Energy has significantly boosted its helium resource estimates in South Africa's Free State with a newly certified 14 BCF helium contingent resource at ER386, lifting combined recoverable helium to 35.6 BCF across its key permits.

Finder Energy has launched a $3 million Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to buy shares at $0.50 each, a 15% discount to recent prices. The funds will accelerate engineering and procurement for the KTJ oil project.

Condor Energy secures A$2.25 million in a placement to advance licence conversion, gas commercialisation, and exploration drilling readiness in its offshore Peru portfolio.

Elixir Energy has completed stimulation at its Diona-1 well in Queensland’s Surat-Bowen Basin, observing encouraging gas indications ahead of flow testing. The well’s proximity to major pipeline infrastructure could accelerate commercialisation if results hold.