Latest Gas News

Mandrake Resources has extracted more than 8,000 litres of lithium brine from its Utah project and delivered the bulk sample for testing by Electroflow Technologies. The work moves the project toward scoping studies, but the key evidence on grade, recovery and costs is still to come.

Key Petroleum has received the funds and issued 3.38 million shares under its additional placement capacity, raising AU$247,052.88 before costs. The capital is earmarked for potential asset acquisitions, existing asset development and working capital.

Prominence Energy has secured an independent resource framework for its Eyre Project, with RISC Advisory estimating 202.8 Bscf of 2U unrisked hydrogen and 9.2 Bscf of helium across 15 leads. The milestone moves the South Australian project towards target selection, potential farm-out discussions and a planned mid-2027 drilling campaign, but the volumes remain undiscovered and highly exploratory.

Simble Solutions’ NanoSensor has detected UV-A, UV-B, UV-C and visible wavelengths in initial laboratory testing, moving the platform into formal benchmarking. The result is an encouraging technical step, but commercial progress still depends on performance data, prototypes and customer validation.

ADX Energy has secured a potential funding partner for its next Austrian gas well, with Empyrean Energy offering EUR 555,400 for a 10% economic interest in the GOLD Cluster Area. The arrangement remains conditional on a final investment agreement before drilling is expected to begin in the fourth quarter of 2026.

TMK Energy says average gas production at its Gurvantes XXXV pilot in Mongolia has risen 11% above August’s daily average, with several wells reaching record rates. The company is now pursuing higher production, a gas-to-power project and regulatory steps to convert its 2C resources into reserves.

Titomic has secured a US$5.0 million contract to install and commission its TKF 1000 cold spray system at the U.S. Air Force’s Tinker Air Force Base. Delivery is scheduled for the third quarter of 2027, subject to site coordination and approvals.

Vanadium Resources has secured an oversubscribed A$1.0 million placement to advance studies, site work, offtake discussions and project financing for its planned V-Iron Plant in South Africa. The raise gives VR8 fresh development capital, but the project still depends on a scoping study, binding commercial agreements and a much larger funding package.

NuEnergy Gas has removed an OGIP and resource-density chart from its investor presentation and warned investors not to rely on the retracted information. The amended document also corrects a resource classification and adds cautionary language around undiscovered and undeveloped gas resources.

Bass Oil has returned to profit for the first half of 2026, with EBITDA rising 80% and cash reserves strengthening while the company remains debt-free. The result comes as it moves towards first gas from Vanessa, advances the Kiwi project and prepares to tie in the stronger-than-expected Bunian 6 well.

H3 Energy says four prospective partners have completed initial evaluations of its Warro gas project and been invited to submit commercial proposals. At Alinya, multiple global energy companies have signed confidentiality agreements and entered the data room, but no binding farm-out deal has yet been secured.

Red Sky Energy has started drilling Yarrow 5 in South Australia, the second well in a three-well development program operated by Santos. The well is expected to reach 2,775 metres by 14 September, with a further re-entry planned before first gas from Yarrow North 1 is targeted for early 2027.