Latest Drilling Operations News

Red Sky Energy reports steady production and cash flow growth from its Innamincka and Killanoola projects, while securing a strategic 35% stake in Angola’s Block 6/24, marking a significant step in its international expansion.

Red Sky Energy has officially begun drilling at its Killanoola-2 well in South Australia, marking a significant step in advancing its oil project with promising resource potential and commercial partnerships.

IPB Petroleum advances its key Browse Basin assets with ongoing drilling discussions and a strategic board appointment, while maintaining a solid cash position.

Winchester Energy has successfully completed drilling the JVU-5 well at its Varn waterflood project in Texas, confirming promising oil and gas shows and setting the stage for production ramp-up.

Challenger Gold has secured critical drilling and explosives contracts and completed refurbishment of the Casposo Toll Milling plant, marking a pivotal step toward early gold production at its Hualilán project in Argentina.

Riversgold Limited has launched grade control drilling at its Northern Zone Kalgoorlie Gold Project, aiming to expand a significant gold mineralised footprint near Kalgoorlie. The project targets an Exploration Target of up to 4.8 million ounces of gold, with results expected soon.

Red Sky Energy has mobilised drilling equipment to the KN2 well site at Killanoola, with regulatory approvals advancing smoothly and drilling expected to begin soon.

Orpheus Uranium has gained crucial consent from the Adnyamathanha native title holders for a mining agreement that clears the way for drilling at its Frome and Maree uranium projects in South Australia.

DY6 Metals has launched a 91-hole auger drilling campaign at its Central Rutile Project in Cameroon, aiming to fast-track resource definition following promising surface rutile grades.

3D Energi has raised $9.4 million to fund the drilling of its Essington-1 well in the Otway Basin, with Korea National Oil Corporation acquiring a 29% stake in the joint venture alongside ConocoPhillips. Drilling is set to commence in late October 2025.

Chilwa Minerals has completed soil sampling over 47 rare earth and niobium anomalies in Malawi, confirming key pathfinder elements and prioritizing targets for ongoing diamond drilling. The results highlight significant potential for both heavy and light rare earth elements within the company’s extensive license area.

Xstate Resources reports a significant overpressured gas column at its Diona-1 well in Queensland, hinting at a potentially large unconventional gas resource. Drilling continues with further data acquisition pending.