Latest Hydrocarbon Resources News

H3 Energy has appointed LAB Energy Advisors to spearhead farm-in talks for its Alinya project, a vast and underexplored oil and gas prospect in South Australia’s Officer Basin. The move aims to accelerate partner engagement ahead of drilling a potentially game-changing well.

ADX Energy has revealed a significant technical update on its Welchau appraisal permit in Austria, highlighting a connected petroleum system with 18 million barrels of prospective light oil and 125 billion cubic feet of gas condensate resources.

Beetaloo Energy has received a groundbreaking approval from the Northern Territory Government, enabling pilot gas production and sales from EP187 and advancing construction of the Carpentaria Gas Plant.

Whitebark Energy has installed hydrogen sensors at the Rickerscote prospect to refine drilling plans for a major exploration well in late 2026, aiming to unlock vast hydrogen, helium, and hydrocarbon resources.

Whitebark Energy has confirmed a substantial update to its prospective hydrocarbon resources in South Australia's Officer Basin, with an independent assessment revealing 4.3 trillion cubic feet of gas and 1.3 billion barrels of liquids across key permits.

Bass Oil Limited has announced a $3.1 million rights issue to fund key projects including recommissioning a gas facility in Australia and drilling an oil well in Indonesia, aiming to significantly increase production and cash flow.

Winchester Energy has signed a non-binding term sheet with Jaguar Exploration to jointly pursue offshore exploration rights in Peru, while maintaining steady production and implementing cost reductions in its Texas operations.

Bounty Oil & Gas, through its joint venture operator Asset Energy, has initiated a judicial review against the refusal to vary and extend the PEP-11 offshore petroleum exploration permit. The legal challenge could reshape the future of this key Sydney Basin asset.

Whitebark Energy has identified promising hydrogen and hydrocarbon emission hotspots at King Energy’s Alinya Project in South Australia, following a detailed multispectral remote sensing study. These findings set the stage for targeted in-field testing and exploration drilling planned for later in 2025.

Helios Energy has made significant strides in advancing its flagship Presidio Project in Texas, confirming substantial hydrocarbon resources and strengthening its leadership and financial position.

Helios Energy has released an independent Contingent Resource Report confirming substantial recoverable oil, gas, and NGL volumes at its Presidio Project in West Texas, reinforcing its potential as a transformative asset.