Latest Drilling Contracts News

Brookside Energy has locked in Kenai Drilling’s Rig 18 for a two-well program at its SWISH Area of Interest in Oklahoma’s Anadarko Basin, aiming to maintain momentum in its core US operations.

Horizon Oil’s Letter of Intent with Power and Water Corporation for a new Mereenie gas sales deal has expired without replacement, prompting a suspension of planned infill drilling and a notable cut to capital expenditure forecasts.

Trek Metals reports compelling petrophysical results at its Kuro manganese discovery, triggering a major Induced Polarisation survey and awarding a Reverse Circulation drilling contract to advance exploration.

Manhattan Gold has contracted Northspan Explorations for a 4,000m reverse circulation drilling campaign at its Hook Lake Project in Nunavut, aiming to validate high-grade gold and polymetallic targets across a vast underexplored greenstone belt.

Bass Oil has received regulatory approval to award the drilling contract for its Bunian 6 well in Indonesia, aiming to add 500 barrels of oil per day to current production by mid-year.

Emperor Energy has successfully raised $17.5 million to advance drilling of its Judith-2 appraisal well, aiming to unlock a major gas resource in Victoria’s Gippsland Basin. The capital raise underscores strong investor confidence as the company moves closer to proving commercial gas flow rates.

Corazon Mining has contracted K-Drill to begin its first diamond drilling program at the Two Pools Gold Project in Western Australia, aiming to unlock high-grade gold potential and clarify complex geology.

Lodestar Minerals has secured a major drilling contract to advance its Ned’s Creek Gold Project towards a maiden resource estimate in 2026, targeting key prospects with a 10,000-metre program.

Conrad Asia Energy has formally approved the Final Investment Decision for its Mako Gas Project in Indonesia, securing full funding and long-term sales contracts, with first gas expected in late 2027.

West Coast Silver is set to commence a 4,000m Reverse Circulation drilling program at its Elizabeth Hill Silver Project, aiming to expand high-grade silver mineralisation and deliver a maiden resource estimate by late 2026.

BMG Resources is advancing its Abercromby and Bullabulling gold projects with a major drilling campaign planned for early 2026, supported by a recent $2.5 million capital raise. The company aims to grow its existing mineral resources and progress towards near-term production.

CGN Resources has expanded its foothold in Western Australia's Leonora gold district with new tenement grants and land access agreements, setting the stage for a robust 2026 exploration campaign.