Latest Gas News

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.

X2M Connect is accelerating its transition to a high-margin SaaS model while trimming debt and growing its footprint across Asia-Pacific and the Middle East.

Xstate Resources reports smooth progress at its Diona-1 well in Queensland, completing stimulation and preparing for a 14-day flow test after detecting methane gas during flowback.

Elixir Energy has completed stimulation at its Diona-1 well in Queensland’s Surat-Bowen Basin, observing encouraging gas indications ahead of flow testing. The well’s proximity to major pipeline infrastructure could accelerate commercialisation if results hold.

Botala Energy faces an ASX price query after its shares jumped from $0.055 to $0.073 amid heavy trading, prompting scrutiny over undisclosed information and continuous disclosure compliance.

Jade Gas Holdings has announced the immediate resignation of CEO Christopher Newport due to personal reasons, with the board affirming ongoing focus on its Mongolian coal bed methane projects and starting a search for a successor.

Prominence Energy has secured $1.56 million through a discounted share placement to fund key technical work and licence approvals at its Gawler Helium and Hydrogen Project, positioning the company for upcoming exploration milestones.

Strike Energy has successfully drilled the Walyering West-1 well, revealing a new conventional gas accumulation in the Perth Basin with promising reservoir characteristics and proximity to existing infrastructure.

Contact Energy is set for a leadership shift as Chair Rob McDonald retires after eight transformative years, handing the reins to director Jon Macdonald, whose governance experience promises continuity amid ongoing renewable expansion.