Latest Gas News

Tamboran Resources has reported record natural gas flow rates from its Shenandoah South 2H sidetrack well and initiated the largest drilling program ever seen in the Beetaloo Basin, alongside securing key approvals for gas sales.

Xstate Resources has commenced drilling operations at its Diona-1 well in Queensland, targeting promising gas reservoirs with a rapid path to market.

Kinetiko Energy has reported a strong commercial gas flow from its Brakfontein well, exceeding prior reserve flow rate assumptions and reinforcing the project's economic viability.

AXP Energy has successfully reached the target depth in its Charlie #1 well, revealing over 290 feet of promising oil and gas shows across multiple formations. The company is now preparing for detailed logging to assess commercial viability.

Amplitude Energy has successfully raised $131 million through an institutional entitlement offer and placement, positioning itself to accelerate growth projects including the Nestor prospect and Patricia Baleen restart.

Jade Gas Holdings has secured a landmark five-year LNG sales agreement with UB Metan LLC, Mongolia’s largest natural gas importer, marking a pivotal step in its South Gobi coal bed methane project development.

Brookside Energy has announced a new Area of Interest in the Anadarko Basin, targeting thick, liquids-rich reservoirs with promising economic returns and significant reserves growth potential.

QPM Energy has reported its first-ever profit alongside a 12.6% revenue increase and significant growth in gas reserves and electricity generation capacity.

Lakes Blue Energy has successfully drilled its Wombat-5 well to the planned depth in Victoria’s Gippsland Basin, revealing promising gas-saturated sands that echo previous successes.

Delorean Corporation has locked in a $14.5 million lower-cost loan facility with National Australia Bank to fund its SA1 Salisbury Bioenergy Project, refinancing existing debt and freeing capital for further bioenergy developments.

Amplitude Energy Limited has announced a fully underwritten $150 million equity raising to fund the expansion of its East Coast Supply Project (ECSP+) and the potential restart of the Patricia Baleen gas field, aiming to boost gas supply in Australia’s constrained east coast market.

Amplitude Energy is expanding its East Coast Supply Project by adding a fourth well at the Nestor prospect and plans a potential restart of the Patricia Baleen field, supported by a $150 million equity raising to fund these growth initiatives.