Latest Gas News

Page 12 of 167
AXP Energy's Charlie #1 well in Oklahoma has reached an initial production rate of 45 barrels of oil equivalent per day, with first oil sales completed, marking a key transition to revenue generation.
Maxwell Dee
Maxwell Dee
23 Apr 2026
Omega Oil and Gas has secured A$60 million in a strongly oversubscribed institutional placement to fund an upgraded drilling program featuring US-standard horizontal wells and extended flow testing in Queensland’s Taroom Trough.
Maxwell Dee
Maxwell Dee
23 Apr 2026
Santos delivered a steady first quarter with production up 3% year-on-year, driven by Barossa's initial cargoes and Pikka phase 1 nearing first oil. Free cash flow held firm at $383 million, while a key Moomba optimisation project received final investment approval.
Maxwell Dee
Maxwell Dee
23 Apr 2026
XRF Scientific is set to broaden its industrial reach by acquiring Bruker’s Combustion Gas Analysis business for USD 4 million, adding a profitable product line and new market sectors.
Victor Sage
Victor Sage
23 Apr 2026
Aurora Labs has made significant strides in commercial propulsion delivery and deepened its partnership with European defence giant MBDA, while scaling manufacturing capabilities and reinforcing its Board with defence expertise.
Victor Sage
Victor Sage
23 Apr 2026
Elixir Energy has completed its Lorelle-3/3H appraisal well with exceptional gas-condensate pay and the longest lateral drilled in the Taroom Trough. The company enters production testing phase fully funded with $22.3 million liquidity and a $10 million R&D-backed debt facility.
Maxwell Dee
Maxwell Dee
23 Apr 2026
Genesis Energy's Q3 FY26 results highlight a sharp rise in hydro generation and electricity netback, offset by lower electricity sales and customer numbers amid strategic portfolio shifts. The company advances renewables and digital projects while cutting thermal output and oil production, prompting a boost in EBITDAF guidance.
Maxwell Dee
Maxwell Dee
23 Apr 2026
Xstate Resources has issued a cleansing prospectus to remove trading restrictions on recently placed shares and associated options, following a $1.69 million capital raise priced at 3.3 cents per share. The offer includes free attaching options to placement participants, brokers, and consultants, subject to shareholder approval.
Maxwell Dee
Maxwell Dee
22 Apr 2026
Lion Energy has secured funding for its East Seram Bula Karang-1 exploration well, reduced capital risk by divesting its Seram (Non-Bula) PSC stake, and put green hydrogen development on hold pending commercial clarity.
Maxwell Dee
Maxwell Dee
22 Apr 2026
Mercury has lifted its FY2026 EBITDAF guidance by 5%, citing better-than-expected renewable generation from hydro and new assets. The upgrade signals disciplined portfolio management but remains sensitive to hydrological variability.
Maxwell Dee
Maxwell Dee
22 Apr 2026
Red Sky Energy is raising approximately AUD 4.2 million through a fully underwritten non-renounceable rights issue priced at 0.1 cents per share. The capital will fund participation in Santos-operated wells and support ongoing operations.
Maxwell Dee
Maxwell Dee
21 Apr 2026
Vintage Energy and Vault Energy have agreed to negotiate a gas sales deal for Cullen-1 gas, aiming to fuel modular data centres onsite if flow tests confirm commercial viability. Vintage plans to fund testing via farm-out once permit tenure is secured.
Maxwell Dee
Maxwell Dee
21 Apr 2026