Latest Gas News

Prominence Energy has validated the presence of helium, natural hydrogen, and methane in its PEL 803 licence through initial soil gas surveys, marking a key step toward drill-ready targets.

Central Petroleum has terminated the sale of its Northern Territory subsalt permits and withdrawn from the EP112 joint venture, reallocating capital towards the Mt Kitty appraisal well and other projects.

Macallum New Energy has wrapped up its first 3D seismic survey over key Jurassic gas leads in EP-494, deploying innovative GeoPulse technology to reduce environmental impact. Preliminary data processing is underway with results expected by late June.

AGL Energy tightens its FY26 earnings outlook, buoyed by strong operational performance and strategic investments in batteries and gas peaking assets amid rising electricity demand driven by data centres and electrification.

Patagonia Lithium has completed a key packer test at its Formentera project, confirming high aquifer porosity and flow rates at 110m depth, while submitting a comprehensive environmental study to local authorities.

Synertec Corporation has signed a non-binding MoU with Hitachi Energy to jointly develop battery energy storage systems and microgrid solutions targeting Australia’s booming energy and data centre sectors.

Delorean Corporation has launched a $2.2 million Share Purchase Plan at $0.09 per share, matching a recent strategic placement to LMS Energy. The capital raise supports construction of key bioenergy projects in South Australia and New South Wales.

Beetaloo Energy has secured full underwriting for its $5 million Share Purchase Plan, with shareholder approval for the share issuance and any shortfall shares to be sought at the upcoming AGM on 29 May 2026.

ADX Energy is progressing its HOCH-1 shallow gas well in Upper Austria, targeting up to 17.3 BCF of prospective gas resources with drilling at 950 metres depth and plans for two more wells this year.

Botala Energy Ltd has denied holding undisclosed information following a sharp share price rise, linking the spike to a recent Serowe CBM Project announcement and confirming compliance with ASX disclosure rules.

Condor Energy secures A$2.25 million in a placement to advance licence conversion, gas commercialisation, and exploration drilling readiness in its offshore Peru portfolio.

GR Production Services secures a five-year $57 million operations and maintenance contract at the Sturt Plateau Compression Facility in the Northern Territory's Beetaloo Basin, with potential extension for three more years.