Latest Drilling And Production News

Brookside Energy has substantially completed production facilities at its Suttles pad in Oklahoma, setting the stage for Rig 18 to drill two wells targeting the Sycamore and Woodford formations in the Anadarko Basin.

Jade Gas Holdings has achieved a historic milestone with Mongolia’s first-ever approval of coal seam gas reserves, unlocking the path to commercial development of its TTCBM Project in the South Gobi.

Red Mountain Mining has locked in 100% ownership of the Pioneer Tungsten Project in Montana, an advanced asset with historic drilling pointing to promising tungsten grades. The company plans to kick off drilling in June 2026, capitalising on near-record tungsten prices and US government efforts to secure domestic critical mineral supplies.

Auric Mining has upgraded its Munda Gold Deposit resource by 32% to 192,000 ounces, supported by high-grade drilling and production that outperformed expectations. The deposit remains open for expansion, with a scoping study underway to integrate mining with the Burbanks Processing Plant.

Brookside Energy has completed critical pad and access preparations for its two-well development program at the SWISH Area of Interest, setting the stage for drilling and production growth in the Anadarko Basin.

Locksley Resources has secured an option to acquire the Iron Duke Copper & Gold Project in NSW, enhancing its district-scale strategy near Tottenham with high-grade mineralisation and multiple drill-ready targets.

Tartana Minerals revises its corporate presentation to clarify prior disclosures while spotlighting a $4.5 million capital raise to boost copper sulphate production and expand drilling across its Far North Queensland portfolio.

TMK Energy’s Gurvantes XXXV project hit a new daily gas production record exceeding 1,350 m³, confirming commercial desorption. The company secured $6 million in funding and regulatory approval to drill three new pilot wells and advance domestic gas use in Mongolia.

Carnavale Resources has secured a key mining lease and reported robust high-grade gold drilling results at Kookynie, keeping its Bankable Feasibility Study on track for early Q3 2026 delivery.

AXP Energy's Charlie #1 well in Oklahoma has reached an initial production rate of 45 barrels of oil equivalent per day, with first oil sales completed, marking a key transition to revenue generation.

Vintage Energy and Vault Energy have agreed to negotiate a gas sales deal for Cullen-1 gas, aiming to fuel modular data centres onsite if flow tests confirm commercial viability. Vintage plans to fund testing via farm-out once permit tenure is secured.

GoldArc Resources has locked in a binding agreement with Mineral Mining Services to fully fund the development of its Leonora South gold deposits, removing capital barriers and setting a clear path to production.