Latest Gas Marketing News

Pure Hydrogen Corporation Limited is set to unlock value by spinning out its Australian gas assets into Eastern Gas Limited, offering shareholders free shares in the new entity. The move positions Eastern Gas to capitalize on strong East Coast gas market demand with an anticipated $8–10 million IPO.

Empire Energy has successfully drilled its longest well to date, secured a $65 million financing package, and received environmental approval for its Carpentaria Pilot Project, setting the stage for first gas deliveries later in 2025.

Contact Energy has secured a pivotal gas supply contract with OMV for the Pohokura field, ensuring fuel for its gas peaking units through 2032 despite soaring gas prices and operational costs.

Amplitude Energy has reported a record quarterly sales revenue of $67.9 million for Q2 FY25, alongside a 9% reduction in net debt, driven by strong spot gas sales and operational improvements at the Orbost Gas Processing Plant. The company continues to advance its East Coast Supply Project, positioning itself for future growth.

Echelon Resources has agreed to acquire full ownership and operatorship of the EP145 exploration permit in the Northern Territory’s Amadeus Basin, aiming to unlock a discovered gas resource with modern technology.