Latest Gas Sales Agreements News

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Comet Ridge Limited has independently certified 51.8 PJ of 2P gas reserves and 118.5 PJ of 3P reserves at its 100% owned Mahalo East Project, significantly expanding its gas portfolio in Queensland’s Bowen Basin. This milestone advances the Mahalo Gas Hub’s potential as a key new gas supply region for Australia’s east coast.
Maxwell Dee
Maxwell Dee
25 July 2025
Horizon Oil has reached financial close on a US$21.5 million amended senior debt facility with Macquarie Bank, paving the way for its strategic acquisition in Thailand. The facility enhances funding capacity for existing assets and supports future development plans.
Maxwell Dee
Maxwell Dee
22 July 2025
Conrad Asia Energy has inked a binding gas sales agreement with Indonesia’s PLN EPI for the entire output of its Mako Gas Field, marking a pivotal step towards production and domestic market integration.
Maxwell Dee
Maxwell Dee
17 July 2025
Horizon Oil has finalized amendments to its senior debt facility with Macquarie Bank, enabling the acquisition of significant gas assets in Thailand that will add approximately 2,000 barrels of oil equivalent per day to its production.
Maxwell Dee
Maxwell Dee
17 June 2025
Tamboran Resources has reported a record 30-day initial production flow rate from its Shenandoah South 2H sidetrack well in the Beetaloo Basin, aligning with prolific US shale benchmarks and setting the stage for commercial gas sales by mid-2026.
Maxwell Dee
Maxwell Dee
16 June 2025
Empire Energy Group has launched a $28 million equity raise to finance critical development activities in the Beetaloo Basin, targeting first gas sales from its Carpentaria Pilot Project in 2025. The capital raise, combined with a $65 million financing package, underpins the company’s ambition to commercialize one of Australia’s largest low-CO2 shale gas resources.
Maxwell Dee
Maxwell Dee
4 June 2025
QPM Energy has refinanced its debt with two new funding agreements totaling $70 million from Dyno Nobel, strengthening its balance sheet and enabling accelerated growth in its gas supply and energy portfolio.
Maxwell Dee
Maxwell Dee
28 May 2025
Empire Energy Group has launched a $28 million equity raise to fund critical development activities at its Beetaloo Basin shale gas project, aiming for first gas sales in 2025. The capital will support fracture stimulation, flow testing, and installation of the Carpentaria Gas Plant.
Maxwell Dee
Maxwell Dee
16 May 2025
Tamboran Resources has completed a major stimulation campaign on its Shenandoah South well and raised US$55.4 million to fund further drilling, positioning itself to meet critical gas supply commitments in Australia’s Northern Territory.
Maxwell Dee
Maxwell Dee
15 May 2025
Conrad Asia Energy has successfully raised approximately A$9 million through a two-tranche placement, with strong insider participation, to fund key milestones in its flagship Mako gas development and other projects.
Maxwell Dee
Maxwell Dee
5 May 2025
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.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Conrad Asia Energy has secured a pivotal Gas Sales Agreement with Indonesia’s state utility PLN, linking Mako gas prices to the Indonesian Crude Price and advancing its farmout strategy while increasing its stake in the Duyung PSC to 91.5%.
Maxwell Dee
Maxwell Dee
30 Apr 2025