Latest Gas Market News

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Jade Gas Holdings has raised A$1.8 million through a well-supported placement to fund the development of Mongolia’s inaugural commercial gas production from the Red Lake gas field. This capital injection positions the company to advance key milestones in its flagship coal bed methane project.
Maxwell Dee
Maxwell Dee
31 Mar 2026
Bass Oil reported steady February production with some operational setbacks in the Cooper Basin, while gaining regulatory approval for the Vanessa gas field acquisition and securing government funding for Kiwi gas development.
Maxwell Dee
Maxwell Dee
27 Mar 2026
Elixir Energy has marked a pivotal step in developing Queensland’s Taroom Trough gas resource with the successful drilling of the Lorelle-3 well and ambitious appraisal plans set for 2026. Positioned near key infrastructure and backed by major players, the company is poised to accelerate commercialisation efforts in this emerging energy hub.
Maxwell Dee
Maxwell Dee
17 Mar 2026
Bass Oil Limited has raised $3 million through a well-supported share placement to fund key projects including the Vanessa gas field acquisition and Indonesian oil drilling, positioning itself for a 2026 entry into the East Coast Gas Market.
Maxwell Dee
Maxwell Dee
16 Mar 2026
Emperor Energy has successfully raised $17.5 million to advance drilling of its Judith-2 appraisal well, aiming to unlock a major gas resource in Victoria’s Gippsland Basin. The capital raise underscores strong investor confidence as the company moves closer to proving commercial gas flow rates.
Maxwell Dee
Maxwell Dee
13 Mar 2026
NuEnergy Gas Limited has completed four wells under its Tanjung Enim Early Gas Sales Initiative, secured a binding gas sales agreement, and raised $3.5 million to advance its Indonesian coal bed methane projects.
Maxwell Dee
Maxwell Dee
11 Mar 2026
Amplitude Energy has intersected the primary gas reservoir at its Isabella prospect, revealing encouraging preliminary data that points to high deliverability and low CO2 levels. The company is now set to commence flow testing to better understand the resource potential.
Maxwell Dee
Maxwell Dee
9 Mar 2026
Amplitude Energy and O.G. Energy have locked in a foundational gas sales agreement with EnergyAustralia, committing to supply 30 PJ of gas from the East Coast Supply Project starting in late 2028. This deal marks a significant step toward the project's development amid ongoing negotiations with other buyers.
Maxwell Dee
Maxwell Dee
2 Mar 2026
Strike Energy has secured all regulatory approvals to drill the Walyering West-1 well in the Perth Basin, aiming to unlock a prospective 46 PJ gas resource with drilling set to commence by mid-April 2026.
Maxwell Dee
Maxwell Dee
16 Feb 2026
Galilee Energy has launched an offer of up to 464 million new options to participants in its recent $6.5 million placement, aiming to bolster exploration funding and working capital. The options, exercisable at $0.011 each over three years, come amid significant operational and market risks.
Maxwell Dee
Maxwell Dee
13 Feb 2026
Tamboran Resources has appointed Todd Abbott as CEO and made significant progress in drilling and infrastructure development in the Beetaloo Basin, aiming for first gas sales in the third quarter of 2026.
Maxwell Dee
Maxwell Dee
12 Feb 2026
Beach Energy’s FY26 half-year results reveal steady sales volumes and a robust ramp-up at the Waitsia Gas Plant, supported by strong LNG cargo revenues and disciplined cost management.
Maxwell Dee
Maxwell Dee
5 Feb 2026