Latest Gas News

Blue Energy Limited has addressed ASX concerns over the timing of its Cleansing Notice related to the grant of Production Licence PL 1034 for its Sapphire gas project, confirming compliance with disclosure rules despite delayed formal notification.

Xstate Resources has formalized its drilling plans for the Diona-1 well in Queensland’s Surat-Bowen Basin, with rig mobilization scheduled for late September and early drilling results expected by October.

TMK Energy has successfully raised $3.5 million through an oversubscribed placement, setting the stage for commercial production and exploration at its Gurvantes XXXV Coal Seam Gas Project.

TMK Energy Limited’s securities have been suspended from ASX trading due to a missed periodic report deadline, raising questions about the company’s regulatory adherence and market outlook.

Kinetiko Energy has achieved a record peak gas flow from its latest production test well at Brakfontein, significantly surpassing previous results and advancing its pilot LNG project in South Africa.

Peninsula Energy has updated its prospectus to announce the appointment of Tejal Magan as a Non-executive Director, enhancing its governance ahead of ongoing equity offers.

Zeotech Limited has locked in a binding five-year offtake agreement with MSI, granting exclusive marketing rights for its kaolin products across key Asian markets. This deal, valued at approximately AUD 204 million, sets the stage for early cash flow generation and advancement of its low-carbon concrete additive project.

Invictus Energy has extended its Exclusive Prospecting Orders in Zimbabwe’s Cabora Bassa Basin for another three years, setting the stage for a high-impact exploration campaign including the Musuma-1 well targeting substantial gas and condensate resources.

An independent study confirms Condor Energy’s Piedra Redonda gas field offshore Peru offers multiple viable pathways to early monetisation and long-term growth, positioning it as a strategic regional energy asset.

Contact Energy's August 2025 report reveals stable retail sales, a notable drop in generation costs, and robust hydro storage, underpinning its renewable expansion plans.

Lakes Blue Energy has successfully raised $5.8 million through a two-tranche placement, bolstering its efforts to advance the Wombat Project amid promising drilling results.

AXP Energy has commenced drilling operations on its Charlie #1 Well in Oklahoma, backed by a recent A$2.7 million capital raise. The project targets multiple stacked pay zones and aims to expand gas-to-power and bitcoin mining ventures.