Latest Gippsland Basin News

Page 3 of 5
Lakes Blue Energy reports encouraging early natural gas shows at its Wombat-5 well in Victoria’s Gippsland Basin, advancing drilling towards a significant horizontal production zone.
Maxwell Dee
Maxwell Dee
5 Sept 2025
Emperor Energy has initiated a farm-in process to fund the Judith-2 appraisal well, aiming to unlock substantial gas reserves offshore Victoria and address tightening East Coast gas supply.
Maxwell Dee
Maxwell Dee
2 Sept 2025
Lakes Blue Energy has resumed drilling at its Wombat-5 well in Victoria’s Gippsland Basin, overcoming earlier technical setbacks with a fresh contractor agreement. The company is making solid progress toward its target formation under a fixed price contract.
Maxwell Dee
Maxwell Dee
25 Aug 2025
Amplitude Energy has delivered record production and earnings in FY25, driven by operational improvements and a strategic joint venture for the East Coast Supply Project.
Maxwell Dee
Maxwell Dee
19 Aug 2025
Lakes Blue Energy has commenced drilling the Wombat-5 well in Victoria’s Gippsland Basin, aiming to unlock a significant gas resource to help ease tightening supply on Australia’s east coast.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Emperor Energy has secured a significant upgrade to its Judith Gas Field resources following an independent audit, alongside a $3.7 million capital raise to fund the upcoming Judith-2 appraisal well scheduled for mid-2026.
Maxwell Dee
Maxwell Dee
31 July 2025
High Peak Royalties Limited reported stable royalty receipts of A$345,240 for the June 2025 quarter, maintaining cash flow while advancing monitoring of key gas and geothermal assets across Australia and the US.
Maxwell Dee
Maxwell Dee
31 July 2025
Lakes Blue Energy has secured $6.5 million in new capital and is set to begin drilling the Wombat-5 gas well, targeting near-term supply to Victoria’s east coast market. Meanwhile, its Nangwarry carbon dioxide project moves forward with a fully funded feasibility study.
Maxwell Dee
Maxwell Dee
30 July 2025
Fitzroy River Corporation reported steady royalty income for the March 2025 quarter despite operational suspensions at Buru and ongoing geopolitical risks impacting commodity markets. Key project updates include Bowdens Silver’s development application progress and Federation Mining’s Snowy River feasibility study.
Maxwell Dee
Maxwell Dee
28 July 2025
Lakes Blue Energy has entered a binding agreement with Beijing Maison Group to fully fund a feasibility study for a new CO2 plant in South Australia, aiming to tap into a certified 26 Bcf high-purity CO2 resource. This move complements Lakes’ ongoing gas project in Victoria, signalling diversified growth prospects.
Maxwell Dee
Maxwell Dee
17 July 2025
Emperor Energy has raised $3.7 million through a share placement to advance the Judith-2 appraisal well in Victoria’s Gippsland Basin, backed by independent resource validation and strategic infrastructure proximity.
Maxwell Dee
Maxwell Dee
9 July 2025
NewPeak Metals has raised A$1.14 million by selling part of its shares in Lakes Blue Energy, aiming to fund its own exploration plans while maintaining a significant stake in Lakes’ promising gas projects.
Maxwell Dee
Maxwell Dee
9 July 2025