Latest Gas Processing News

Amplitude Energy has reported record quarterly production and revenue for Q2 FY26, alongside a dramatic reduction in net debt and the commencement of drilling for its East Coast Supply Project.

Blue Star Helium has achieved its first helium production at the Galactica Project, marking a key milestone as it optimizes plant operations and prepares for commercial ramp-up.

ASF Group Limited has settled a $1.07 million loan from Rey Resources by acquiring full ownership of Rey’s subsidiary holding stakes in key Queensland gas projects, marking a strategic shift from debt to asset-backed equity.

Central Petroleum has secured strategic interests in the Cooper and Otway Basins through binding agreements with ADX Energy, setting the stage for a multi-million dollar expansion and planned drilling campaigns in 2026 and 2027.

Bass Oil reported a 2% rise in November oil production alongside a new gas sales agreement with Origin Energy, setting the stage for first gas sales in 2026. Indonesian operations also advanced with production enhancements and upcoming drilling plans.

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.

Neometals Ltd and partner Omaha Value have secured a 60-day exclusive option to evaluate lithium and potash brines from historic oil and gas wells in Utah’s Paradox Basin, aiming to leverage existing infrastructure for accelerated critical minerals exploration.

WestStar Industrial’s subsidiary Alltype Engineering has landed approximately $40 million in contracts spanning gas, water, and petrochemical sectors, including a major gas facility in the Northern Territory’s Beetaloo Basin.

Jade Gas Holdings has signed a non-binding Letter of Intent with Chinese partner Langrun for up to A$70 million in non-dilutive financing to fast-track its Red Lake LNG project in Mongolia. This deal could significantly advance drilling, production, and gas processing operations.

High Peak Royalties reported steady royalty income of A$168,176 in Q3 2025, while progressing exploration and infrastructure developments across its helium, hydrogen, and gas assets.

Xstate Resources has secured $3.82 million through a two-tranche capital raising to advance appraisal and production testing at its Diona-1 well in Queensland, positioning the company for critical flow testing and further exploration.

Bass Oil reported steady quarterly oil production with a 20% increase in Indonesian output following a production enhancement program. The company is poised to enter the East Coast Gas Market pending regulatory approval for the Vanessa gas field acquisition.