Latest Gas Development News

Kinetiko Energy has secured approval to trade on the North American OTCQB Market, aiming to boost investor access and liquidity as it advances its South African gas projects.

Comet Ridge Limited has obtained federal environmental approval for its Mahalo North natural gas project, paving the way for expanded development in Queensland’s Bowen Basin. This milestone complements recent ownership consolidation and state approvals, positioning the company to boost east coast gas supply.

Whitebark Energy’s latest technical review of the Warro Gas Field reveals that water production issues are confined to specific fault zones, enhancing prospects for commercial gas flow and prompting immediate engineering evaluations.

Eastern Gas Corporation Limited, a new ASX-listed subsidiary of Pure One Corporation, has lodged a Replacement Prospectus to raise $5.5 million for advancing its Queensland gas projects, targeting commercial production through horizontal drilling and fracture stimulation.

State Gas Limited has raised $3.2 million through convertible notes issued at a 33% premium, alongside a $0.5 million director debt conversion, to accelerate pre-development of its Rolleston West coal seam gas project following a maiden 2P reserve certification.

Eastern Gas Corporation Limited, a Pure One subsidiary, has lodged a prospectus to raise $5.5 million to advance exploration and development of its Queensland gas assets, aiming for a standalone ASX listing.

Conrad Asia Energy has secured transformative funding and a farm-down deal for its Mako gas field, setting the stage for first gas production by late 2027 amid soaring Indonesian gas demand.

Elixir Energy has raised approximately AUD 16.6 million through a two-tranche placement led by Omega Oil & Gas, aiming to fast-track its Taroom Trough gas projects and advance toward commercial production.

Elixir Energy secures a $16.6 million capital raise led by Omega Oil and Gas, unlocking Phase-2 of its strategic plan to advance appraisal and production testing in Queensland’s Taroom Trough.

State Gas Limited has independently certified a maiden 2P gas reserve of 30.2 petajoules at its Rolleston West Project, establishing a solid foundation for a pipeline-connected gas development aimed at the east coast market.

Kinetiko Energy has raised $3.15 million through a placement led by key South African and Australian investors to fast-track its Project Alpha gas development in South Africa. The capital injection supports drilling and exploration activities aimed at expanding the company’s resource base.

Hartshead Resources has secured a Well Carry Agreement with RockRose Energy, reducing its equity stake while RockRose funds critical Phase C well costs. The company also seeks a two-year licence extension amid regulatory delays, maintaining a strong cash position and clear development plans.