Latest Gas News

Xstate Resources has launched a $2-3 million capital raising with a priority offer to existing shareholders, coinciding with a shareholder meeting to approve a key acquisition.

Terragen Holdings has been granted a US patent for its microbial feed supplements, reinforcing its position in the animal probiotics market and supporting plans for US market entry.

HyTerra Limited has reported unexpectedly high helium concentrations of up to 4.4% in its Blythe 13-20 well in Kansas, marking a significant extension of the helium play in Eastern Kansas. The company plans to convert the well into an appraisal site to further evaluate this promising discovery.

Australian Oil Company Limited has resolved a significant financial dispute with former director Gary Jeffery, involving loan forgiveness and a substantial share issuance that strengthens its balance sheet and refocuses management on growth.

Constellation Resources has revealed compelling seismic and geochemical evidence indicating large-scale natural hydrogen potential in its Edmund-Collier project in Western Australia. The findings highlight promising organic-rich formations and fault structures that could underpin future hydrogen exploration.

BMG Resources has kicked off an extensive drilling campaign at its Bullabulling Gold Project in Western Australia, targeting high-grade gold zones adjacent to a major 2.3 million ounce resource. The program aims to build on promising near-surface discoveries with results expected by early August.

Gold Hydrogen has attracted a $14.5 million strategic investment from global energy leaders Toyota, Mitsubishi Gas Chemical, and ENEOS Xplora, following promising drilling results in South Australia. The funds will accelerate exploration and commercialisation of natural hydrogen and helium resources.

Pilot Energy has issued $600,000 in convertible notes under a previously approved $1.8 million facility with Discovery Investments, correcting a minor contractual reference without altering terms.

Top End Energy reports a maiden independent prospective hydrogen resource of 304 billion cubic feet at its Serpentine Project in Kansas, highlighting strong resource density and advancing farm-out discussions.

Pancontinental Energy’s latest technical update reveals promising hydrocarbon potential in the PEL 87 offshore Namibia project, supported by advanced seismic and basin modelling studies. These findings set the stage for revised resource estimates later this month.

Tlou Energy has admitted to a late filing of a key director interest notice for its former Managing Director, prompting an ASX inquiry into its compliance processes. The company vows to tighten internal controls following the breach.

Legacy Minerals has acquired exploration rights to the Nico Young nickel-cobalt deposit in NSW, boasting one of Australia’s largest contained resources with significant strategic potential amid current market lows.