Latest Gas News

Key Petroleum Limited progresses its Potential Commercial Area applications in Queensland’s Cooper-Eromanga Basin, anticipating government approval by year-end, while planning a capital raise to bolster its limited cash reserves.

3D Energi Limited has voluntarily suspended trading of its shares on the ASX as it navigates funding challenges and the future of its VIC/P79 exploration permit. The suspension will last until early February or until further updates are provided.

3D Energi has confirmed two significant gas discoveries in the Otway Basin but now confronts a funding shortfall that has led to a trading suspension on the ASX.

AML3D Limited has reported a remarkable 360% increase in customer receipts for the December 2025 quarter, driven by strong demand from the US defence sector and a robust order book of A$16.5 million for FY26. The company is accelerating its US scale-up strategy while expanding into UK and European defence markets.

Central Petroleum has completed its acquisition of strategic interests in the Otway and Cooper Basins, setting the stage for a multi-well exploration campaign starting in the second half of 2026.

Red Sky Energy has successfully brought the Yarrow 1 well online ahead of schedule, boosting production and cash flow at its Innamincka Dome projects while advancing drilling and evaluation at Killanoola and offshore Angola.

Invictus Energy has ended its strategic partnership and equity investment agreement with Al Mansour Holdings due to irreconcilable differences and regulatory concerns. The company now refocuses on its core Zimbabwean assets while seeking alternative funding.

TMK Energy Limited has delivered a record-breaking quarter of gas production alongside significant cost reductions, setting the stage for a pivotal year focused on commercialising its vast resource base through new partnerships.

Karoon Energy delivered 2025 production near the upper guidance range, marked by a leadership change and significant operational improvements. The company outlines cautious yet optimistic 2026 growth and cost guidance amid ongoing maintenance and exploration activities.

Mont Royal Resources has signed a non-binding Memorandum of Understanding with the Saguenay Port Authority to explore locating a hydrometallurgical facility for its Ashram Rare Earths Project in Québec, leveraging the port’s strategic logistics and industrial infrastructure.

Tlou Energy Limited reported a challenging quarter with net cash outflows but secured financing and is actively seeking additional funds to sustain its operations and development plans.

Tlou Energy progresses its Lesedi Power Project in Botswana, integrating gas-fired and solar power for a modular data centre, while navigating operational challenges and funding delays.