Latest Gas Resources News

Jade Gas Holdings has lodged its initial Plan for Development of Operations and secured approval for a substantial 502 km² production licence area, marking pivotal steps towards commercialising Mongolia’s first coal bed methane project.

Elixir Energy has secured a second data sharing agreement with QGC to acquire new 3D seismic data over key areas in the Taroom Trough, enhancing its geological understanding ahead of upcoming flow testing at Lorelle-3H.

Eastern Gas Corporation reports robust gas indications and steady progress at its Venus-2H horizontal appraisal well in Queensland's Surat Basin, advancing toward a key well intersection and flow testing phase.

Botala Energy reports promising early gas observations at its Serowe-3.5B well in Botswana, signaling reservoir responsiveness as the well approaches a critical dewatering stage in its Pitse Pilot.

Horizon Oil’s Sinphuhorm Pad D facility in Thailand has achieved first gas well ahead of schedule, with strong initial production rates validating the project's potential to unlock underutilised reserves.

Kinetiko Energy’s South African subsidiary has locked in a $1.26 million cash agreement with Mulilo, resolving land-use conflicts and gaining a potential gas supply edge for a major wind energy project.

Horizon Oil has delivered a record FY26 production of 2.15 million barrels of oil equivalent and expanded its footprint to five countries following the Cue Energy takeover. The company’s diversified portfolio and disciplined capital management underpin a robust growth pipeline through 2028.

Elixir Energy has secured $5 million through a discounted placement to support ongoing flow tests at Lorelle-3H, artificial lift trials at Diona-1, and initiate a strategic review of its Taroom Trough assets.

Cue Energy Resources trimmed its 2P reserves by 9% to 4.5 million barrels of oil equivalent as of June 2026, driven by production and downward revisions across key assets. The company flagged a $3-$5 million non-cash impairment tied to Maari and Sampang fields amid a strategic exit from the Sampang PSC.

Eastern Gas Corporation has initiated drilling of the Venus-2H horizontal appraisal well in Queensland’s Surat Basin, marking a significant advancement in evaluating its contingent gas resources and potential commercial development.

D3 Energy has successfully drilled and intersected gas in the first of two wells at its Nooitgedacht site in South Africa, with the second well underway. The results support expanding helium reserves and future production rights.

Omega Oil & Gas has kicked off its most ambitious drilling program yet in Queensland’s Taroom Trough, starting with the Canyon-3 well as part of a fully funded 2026/27 appraisal campaign targeting significant unconventional oil and gas resources.