Latest Gas Exploration News

Stonehorse Energy has secured a farm-in agreement to drill a well in Alberta’s prolific Ellerslie reservoir, with plans to participate in up to three additional wells, marking a significant step in its Canadian growth strategy.

3D Energi Limited has raised $9.4 million through a share placement to fully fund the Essington-1 well drilling in Victoria’s Otway Basin, marking a pivotal step in its two-well exploration campaign.

Amplitude Energy Limited has announced a proposed 11-for-1 share consolidation, pending shareholder approval at its upcoming AGM. This move aims to streamline its capital structure following a recent entitlement offer.

Invictus Energy has responded to an ASX inquiry about unusual trading activity, clarifying that recent price and volume changes followed a disclosed deferral of a placement tied to a strategic joint venture.

Blue Energy Limited invites eligible shareholders to participate in a discounted Share Purchase Plan, offering shares at $0.005 each, matching a recent institutional placement price. The plan aims to raise up to $250,000, providing retail investors a rare chance to buy shares at a significant discount.

TMK Energy Limited has announced a significant security consolidation, merging every 55 existing securities into one, impacting shares, options, and performance rights with adjusted exercise prices.

Omega Oil and Gas has raised A$46 million through a strongly oversubscribed institutional placement, positioning the company to advance its Canyon Project and expand its footprint in Queensland’s Taroom Trough. The capital injection will fund a 2026 drilling program and strategic partnerships amid looming east coast gas supply shortfalls.

ADX Energy has secured a pivotal court ruling that allows it to resume drilling and testing at its Welchau-1 well in Austria, overcoming environmental objections and strengthening its exploration prospects.

Xstate Resources has completed well pad construction for its Diona-1 well in Queensland’s Surat-Bowen Basin and is poised to begin drilling with a 51% interest in ATP 2077.

Blue Energy Limited has addressed ASX concerns over the timing of its Cleansing Notice related to the grant of Production Licence PL 1034 for its Sapphire gas project, confirming compliance with disclosure rules despite delayed formal notification.

D3 Energy Limited highlights its exceptional helium and natural gas assets in South Africa and Australia, backed by independent resource certifications and promising production test results. The company outlines a clear path forward with key development milestones and potential partnerships.

Stonehorse Energy has announced the immediate resignation of executive David Deloub following the termination of his services agreement, with the Executive Chairman stepping in to manage operations.