Latest Infrastructure Acquisition News

Australian Oil Company (ASX:AOK) has kicked off Phase 1 development in Queensland's Surat Oil Basin, completing well interventions at Emu Apple-1 and revising plans for Riverslea-3 to boost production and exploration.

GenusPlus is set to transform its business with a $400 million acquisition of MPC Kinetic, diversifying into gas and water sectors and boosting earnings per share by nearly 60%. The deal is backed by a $200 million placement and expanded debt facilities.

Nanoveu Limited (ASX: NVU) is acquiring Singapore’s Spinoff Robotics, securing proprietary drone platforms and engineering talent to integrate its AI silicon with custom airframes. This vertical integration aims to propel Nanoveu into sovereign drone solutions for defence and critical infrastructure.

Arafura Rare Earths has locked in binding cornerstone equity agreements worth approximately A$230 million, bolstering its path to a final investment decision for the Nolans Project. The company also acquired critical camp infrastructure and is progressing technology development and offtake negotiations amid supportive government frameworks.

Forrestania Resources has agreed to acquire multiple gold exploration tenements from Flynn Gold, consolidating its position in the highly prospective Forrestania Hub of Western Australia. The deal supports Forrestania’s growth strategy and near-term production goals.

Finder Energy is accelerating development of its KTJ oil project in Timor-Leste, securing key infrastructure and funding partnerships to target first oil by the end of 2027. The company’s strategic moves include acquiring the Petrojarl I FPSO and a farmin agreement covering half the development costs.

ADX Energy reported a 24% drop in production due to mechanical issues but is advancing well workovers and new drilling, supported by a $3.5 million capital raise and plans for a dual listing in Oslo.

Mt Malcolm Mines NL has taken a major step forward with the acquisition of a 500,000 tonnes per annum gold processing plant and an oversubscribed $3.05 million capital raise, while drilling at Picnic South confirms consistent near-surface gold mineralisation.

Finder Energy Holdings has completed the acquisition of the Petrojarl I FPSO, a critical step that de-risks the KTJ Project and accelerates its path to a Final Investment Decision expected by mid-2026. The company also secured A$25 million in funding and achieved a significant resource upgrade.

OzAurum Resources has acquired a key heap leach agglomeration plant, significantly reducing development risks and capital costs for its Mulgabbie North Gold Project. This strategic move positions the company to fast-track feasibility and production amid strong gold prices.

Forrestania Resources has signed a binding agreement to acquire the Lake Johnston Project, including a 1.5Mtpa processing plant, supported by a $34 million capital raise. This acquisition marks a pivotal step towards near-term gold production and a strategic shift from exploration to development.

Resolution Minerals has confirmed a large, open-ended gold system at its Golden Gate prospect within the Horse Heaven Project, Idaho, with drill holes returning broad mineralised intervals from surface. The discovery aligns closely with nearby major deposits and sets the stage for accelerated exploration and development.