Latest Gas Supply News

Omega Oil and Gas Limited has successfully raised A$7 million in a strongly supported institutional placement, positioning the company to advance its Canyon-1H fracture stimulation and appraisal program.

3D Energi Limited is progressing rapidly towards its 2025 Otway Exploration Drilling Program, with key preparations underway and regulatory approvals advancing, positioning the company to potentially capitalise on East Coast Australia's critical gas supply shortage.

Conrad Asia Energy reports solid progress in Q4 2024 with finalized gas sales agreements and promising LNG studies, despite delayed final investment decisions due to regulatory approvals.

Tamboran Resources has launched a major hydraulic stimulation campaign for its SS-2H ST1 and SS-3H wells in the Beetaloo Basin, deploying advanced Liberty Energy equipment to boost production efficiency and support Northern Territory energy supply.

Contact Energy has secured a pivotal gas supply contract with OMV for the Pohokura field, ensuring fuel for its gas peaking units through 2032 despite soaring gas prices and operational costs.

ADX Energy has accepted the award of a significant gas exploration permit offshore Italy’s Sicily Channel, positioning itself to tap into a highly prospective area with proven gas presence and favorable fiscal terms.

Beach Energy delivered a robust Q2 FY25 with a 22% production increase and a 32% surge in sales revenue, driven by LNG sales and operational efficiencies. The company also significantly reduced net debt while advancing key projects like the Waitsia Gas Plant and Moomba CCS.