Latest Energy Exploration News

Pantera Lithium Limited has agreed to sell its Smackover lithium brine project in Arkansas to Energy Exploration Technologies for A$40 million, combining cash and stock consideration while retaining equity exposure to the lithium sector.

Rey Resources Limited has issued a Target's Statement recommending shareholders accept an unconditional $0.028 per share cash takeover offer from Vigorous Resources Pty Ltd, representing a significant premium over historic trading prices. The REY Board unanimously supports the offer, citing certainty and liquidity amid the company's financial challenges.

Thor Energy's recent soil geochemistry survey at its HY-Range project in South Australia reveals exceptionally high natural hydrogen and helium levels, marking a significant step forward in exploration efforts.

Constellation Resources has revealed compelling seismic and geochemical evidence indicating large-scale natural hydrogen potential in its Edmund-Collier project in Western Australia. The findings highlight promising organic-rich formations and fault structures that could underpin future hydrogen exploration.

Top End Energy reports a maiden independent prospective hydrogen resource of 304 billion cubic feet at its Serpentine Project in Kansas, highlighting strong resource density and advancing farm-out discussions.

Tlou Energy has admitted to a late filing of a key director interest notice for its former Managing Director, prompting an ASX inquiry into its compliance processes. The company vows to tighten internal controls following the breach.

Cauldron Energy has wrapped up its fully underwritten entitlement offer, raising nearly $1.95 million, with its major shareholder stepping in to cover a $557,000 shortfall.

Ragusa Minerals has terminated its binding agreement with Geopolymer Industries due to unmet conditions, reaffirming its commitment to the Burracoppin rare earths project and exploring fresh opportunities.

HyTerra Limited advances its Nemaha Project with the conversion of the Sue Duroche 3 well into a monitoring site, while preparing to drill the Blythe 13-20 well, marking key steps in its natural hydrogen exploration program.

Strike Energy’s latest seismic surveys reveal promising exploration and appraisal opportunities at Ocean Hill and Kadathinni, reinforcing its dominant position in the Perth Basin gas market.

Top End Energy has completed its strategic acquisition of Serpentine Energy, significantly expanding its natural hydrogen footprint in Kansas and advancing towards its first well drilling, while also progressing exploration in Australia’s Northern Territory.

Mineral Resources Limited reported a steady Q3 FY25 with operational progress at Onslow Iron and lithium assets, alongside ongoing corporate governance reforms and robust financial health.