Latest Gas Production News

Tamboran Resources reports strong progress in its Beetaloo Basin pilot project, completing key wells and securing $70 million to fund drilling and infrastructure, aiming for first gas production by mid-2026.

Bass Oil Limited has announced a $3.1 million rights issue to fund key projects including recommissioning a gas facility in Australia and drilling an oil well in Indonesia, aiming to significantly increase production and cash flow.

Bass Oil Limited has acquired the Vanessa gas field from Beach Energy, marking its entry into gas production in Australia’s Cooper Basin. The company is raising $3.1 million to fund this acquisition alongside other growth initiatives.

Tamboran Resources has finalized a US$15 million sale of 100,000 acres to Daly Waters Energy, retaining a dominant 1.9 million-acre position in the Beetaloo Basin and setting the stage for its Phase 2 gas development targeting Australia's East Coast market.

Tamboran Resources has raised US$55.4 million through a private placement to fund critical drilling activities in the Beetaloo Basin, aiming for first gas production by mid-2026.

Vintage Energy has placed an additional 74 million shares under its Shortfall Offer, raising $1.52 million to fund a production uplift program targeting increased gas output from its Odin and Vali fields.

Metgasco Ltd has announced a partially underwritten entitlement offer to raise up to $750,000, aiming to fund a production uplift program at its Odin and Vali gas fields. The capital raise targets near-term gas flow improvements and enhanced cash generation.

TMK Energy reports significant progress in reducing reservoir pressure at its Gurvantes XXXV Coal Seam Gas Pilot Well, approaching the critical threshold for enhanced gas production.

A landmark High Court ruling in South Africa exempts upstream petroleum activities from the Gas Act, easing regulatory burdens for companies like Renergen and Tetra4.

Australian Oil Company Limited has completed a key pipeline acquisition in California’s Sacramento Basin, significantly boosting gas production from its Rio Vista wells and setting ambitious quarterly flow targets.

Po Valley Energy delivered steady gas output from its Podere Maiar-1 well in Q1 2025 while progressing multi-well drilling applications and a 3D geophysical survey in Italy. The company maintains robust cashflow and a solid financial position as it awaits key regulatory approvals.

Whitebark Energy has secured over 90% of King Energy, advancing exploration at the Alinya Project in South Australia while repositioning its Warro Gas Project towards renewable energy.