Latest Gas Resources News

Lakes Blue Energy reports encouraging natural gas readings from its Wombat-5 well in Victoria’s Gippsland Basin, advancing drilling towards a significant commercial gas target.

Elixir Energy reveals a substantial multi-TCF gas resource in Queensland’s Taroom Trough, drawing parallels to Canada’s prolific Montney Basin, and outlines key drilling plans to unlock this critical East Coast energy supply.

Bass Oil Limited reported a 55% increase in EBITDA for the first half of 2025 despite lower oil prices, while progressing key gas field developments to enter the Australian East Coast Gas Market.

NuEnergy Gas Limited has obtained government approval to sell 1 MMSCFD of coal bed methane gas in Indonesia, marking a pivotal step in its transition to production and supporting the country’s energy security goals.

Kinetiko Energy has secured a crucial two-year renewal of its South African exploration rights, advancing its pilot production and development plans amid promising drilling results.

Emperor Energy has initiated a farm-in process to fund the Judith-2 appraisal well, aiming to unlock substantial gas reserves offshore Victoria and address tightening East Coast gas supply.

Invictus Energy's Cabora Bassa Project in Zimbabwe has been officially granted National Project Status, alongside finalising key terms of its Petroleum Production Sharing Agreement, marking a significant step towards commercial gas production.

Blue Energy Limited has successfully raised $3.2 million through a two-tranche placement, complemented by a proposed $250,000 share purchase plan, to fund drilling and pipeline development in Queensland’s North Bowen Basin.

BPH Energy Limited reported a 49% increase in net profit for FY2025, driven by gains in its energy and biotech investments, while facing a pivotal Federal Court hearing over the renewal of the PEP-11 offshore gas exploration permit.

ADX Energy has updated its Upper Austria prospect inventory, reporting a substantial net mean prospective resource of 374 million barrels of oil equivalent and outlining near-term drilling plans focused on low-risk shallow gas and near-field oil plays.

Strike Energy has secured independent certification of substantial gas resources at its Ocean Hill project, including a newly identified large prospect, setting the stage for drilling in late 2026.

Bass Oil reported steady oil production in July alongside progress in acquiring the Vanessa gas field and advancing deep coal commercialisation efforts.