Latest Drilling Operations News

Coda Minerals has delivered critical pre-feasibility study data and secured funding to push its Elizabeth Creek copper-silver project towards development milestones, including environmental approvals and expanded drilling.

Galilee Energy has commenced drilling its Zydeco-1 well in Louisiana, executing a cost-optimised plan targeting up to 13.7 billion cubic feet of gas and 610,000 barrels of condensate, marking a key milestone in its US Gulf Coast expansion.

Invictus Energy has cemented its position in Zimbabwe's Cabora Bassa Basin with a landmark Petroleum Production Sharing Agreement and is progressing well towards drilling the high-impact Musuma-1 exploration well, backed by a fresh A$10 million capital raise.

Prominence Energy outlines a disciplined, capital-efficient plan to advance its South Australian helium and natural hydrogen projects toward drilling in mid-2027, backed by low-cost exploration and strategic funding options.

Jade Gas has inked a non-binding deal with a Chinese consortium to fund the first phase of its Red Lake CBM project in Mongolia, unlocking a potential game-changer for regional energy supply.

Pilbara Gold is pushing ahead with a major 50,000m drilling campaign at its 2.1Moz Mt York Gold Project, targeting resource expansion at depth and along strike. Meanwhile, drilling has resumed at the Roe Hills Project after an eight-year break, aiming to define a maiden resource.

Barkly Rare Earths has kicked off a 10,000-metre drilling campaign at its flagship Barkly Project, aiming to grow its 40 million tonne inferred rare earth resource. Initial assays are imminent, setting the stage for a resource update later this year.

Iltani Resources has demonstrated significant grade upgrades and waste rejection in first-pass TOMRA ore sorting tests at its Orient Silver-Indium Project, advancing plans for bulk testing and potential cost savings.

Aquirian Limited reported a near tripling of EBITDA to $4.6 million in FY26, driven by a $48 million contract win for its Drillforce subsidiary and expanded production capacity at its Wubin facility.

Galilee Energy has begun drilling its Zydeco-1 well in Louisiana, aiming to unlock a significant conventional gas-condensate resource as part of its US Gulf Coast expansion.

Askari Metals is deepening government and community partnerships in Ethiopia while advancing operational readiness at its Nejo Gold-Copper Project, positioning for imminent exploration activity.

Galilee Energy has raised the drilling derrick at its Zydeco-1 well in Louisiana, marking the last major pre-spud milestone. Drilling is set for early July 2026, aiming at a substantial Gulf Coast gas-condensate resource with rapid commercialisation potential.