Latest Field Development News

Blue Star Helium has wrapped up its 2025 Galactica drilling campaign with strong results from six wells, setting the stage for commercial helium production in the second half of 2025.

Finder Energy has completed a landmark reprocessing of its Ikan 3D seismic data, delivering enhanced imaging that sharpens development plans for the Kuda Tasi and Jahal oil fields. This technical leap forward accelerates the path toward first oil and unlocks new exploration potential within the PSC 19-11 permit.

Australis Oil & Gas reported a robust 2024 performance with strong safety and environmental records, maintaining strategic focus on its Tuscaloosa Marine Shale asset despite challenging market conditions.

Empire Energy Group has launched a $28 million equity raise to fund critical development activities at its Beetaloo Basin shale gas project, aiming for first gas sales in 2025. The capital will support fracture stimulation, flow testing, and installation of the Carpentaria Gas Plant.

Bass Oil Limited has announced a $3.1 million rights issue to fund key projects including recommissioning a gas facility in Australia and drilling an oil well in Indonesia, aiming to significantly increase production and cash flow.

Bass Oil Limited has acquired the Vanessa gas field from Beach Energy, marking its entry into gas production in Australia’s Cooper Basin. The company is raising $3.1 million to fund this acquisition alongside other growth initiatives.

Melbana Energy reports steady oil production from its Alameda-2 well with over 15,000 barrels stored and prepares to drill the Amistad-2 well imminently, advancing its Block 9 development in Cuba.

Kinetiko Energy has begun drilling its third production test well at Brakfontein, applying revised techniques to boost gas recovery ahead of a planned 2026 micro LNG plant launch.

Emperor Energy has submitted a key Environmental Plan to NOPSEMA, marking a major step towards drilling the Judith-2 appraisal well in mid-2026 amid tightening east coast gas supply. The company also appointed industry veteran Douglas Jendry as Chairman to steer its next phase.

Empire Energy Group is advancing its Carpentaria-5H well hydraulic stimulation scheduled for June 2025, alongside preparations for the Carpentaria Gas Plant construction, aiming to commence gas sales from EP187 by late 2025 or early 2026.

Finder Energy reports 95% completion of its Ikan 3D seismic reprocessing project, underpinning strong production forecasts and active funding efforts for the Kuda Tasi and Jahal oil fields in Timor-Leste.

Cue Energy Resources delivered a robust quarter with production rising to 1,700 boe/d and a $7 million dividend payout, while advancing development projects in Australia and Indonesia.