Latest Gas Sector News

Greenvale Energy Ltd has had its trading suspension lifted immediately following the release of a capital raise announcement, signaling renewed market activity for the energy company.

NuEnergy Gas Limited has completed drilling three wells and commenced initial gas sales at its Tanjung Enim PSC in Indonesia, marking a key step toward full-scale production. Regulatory approvals and commercial agreements are advancing, positioning the company for growth in the unconventional gas sector.

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.

Intelligent Monitoring Group reports a modest Q1 cash inflow amid restructuring and acquisitions, with a growing $45.2 million pipeline and promising prospects for its ADT Guard live video monitoring service.

Karoon Energy has appointed industry veteran Carri Lockhart as its new CEO, signaling a strategic push as it prepares to operate the Baúna FPSO and expand in Brazil and the US.

Horizon Oil’s recent acquisition of Thai gas assets and a decade-long permit extension at Maari have propelled production and reserves, underpinning a strong financial quarter and sustained shareholder returns.

Triangle Energy has initiated legal proceedings against Strike Energy's subsidiary over a $3.84 million dispute tied to the L7 permit in the Perth Basin, escalating tensions in a key oil and gas project.

Xstate Resources has significantly upgraded its Prospective Resource estimate for the Diona Block in Queensland, revealing substantial Basin Centred Gas potential that could reshape the project’s outlook.

RemSense Technologies has landed a key contract with ExxonMobil to create a high-resolution digital twin of the Barracouta offshore platform, marking a significant step in its growth within Australia’s oil and gas sector.

IPB Petroleum advances its key Browse Basin assets with ongoing drilling discussions and a strategic board appointment, while maintaining a solid cash position.

Titomic Limited has secured a six-month lease agreement for its advanced D623 cold spray system with a major Australian energy provider, marking a significant step in validating its technology for offshore oil and gas maintenance.

Tamboran Resources has initiated an underwritten public offering of over 2.3 million shares to support its development plans in the Beetaloo Basin. The move signals a strategic push to advance its natural gas projects amid ongoing market interest.