Latest Natural Gas Exploration News

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Prominence Energy has validated the presence of helium, natural hydrogen, and methane in its PEL 803 licence through initial soil gas surveys, marking a key step toward drill-ready targets.
Maxwell Dee
Maxwell Dee
7 May 2026
Tamboran Resources has closed its retail entitlement offer, adding A$24.8 million to a total equity raise of A$282.6 million to fund expanded drilling and development in the Beetaloo Basin.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Tamboran Resources Corporation has secured up to US$198 million through a combination of public and entitlement offers to fund expanded drilling and resource delineation in the Beetaloo Basin, aiming for first gas sales by Q3 2026.
Maxwell Dee
Maxwell Dee
9 Apr 2026
Tamboran Resources Corporation has initiated a significant equity raise totaling approximately US$198 million to fund expanded drilling and development activities in the Beetaloo Basin. The capital raise includes a registered underwritten public offering and a pro rata entitlement offer, representing a 25% increase in shares on issue.
Maxwell Dee
Maxwell Dee
8 Apr 2026
Tamboran Resources Corporation has initiated an underwritten public offering of nearly 3 million shares to support expanded drilling and resource delineation in the Beetaloo Basin, alongside a concurrent institutional entitlement offer.
Maxwell Dee
Maxwell Dee
8 Apr 2026
Tamboran Resources Corporation reported a 26% reduction in half-year losses as it progresses key natural gas projects in Australia’s Beetaloo Basin and prepares for a major acquisition of Falcon Oil & Gas Ltd.
Maxwell Dee
Maxwell Dee
12 Feb 2026
Eastern Gas Corporation Limited, a new ASX-listed subsidiary of Pure One Corporation, has lodged a Replacement Prospectus to raise $5.5 million for advancing its Queensland gas projects, targeting commercial production through horizontal drilling and fracture stimulation.
Maxwell Dee
Maxwell Dee
15 Dec 2025
Eastern Gas Corporation Limited, a Pure One subsidiary, has lodged a prospectus to raise $5.5 million to advance exploration and development of its Queensland gas assets, aiming for a standalone ASX listing.
Maxwell Dee
Maxwell Dee
8 Dec 2025
MEC Resources Ltd has announced a placement of over 359 million new options to raise approximately $359,000, with directors participating to offset fees. The offer comes as the company navigates ongoing legal challenges related to its key PEP-11 permit.
Maxwell Dee
Maxwell Dee
2 Dec 2025
State Gas Limited has independently certified a maiden 2P gas reserve of 30.2 petajoules at its Rolleston West Project, establishing a solid foundation for a pipeline-connected gas development aimed at the east coast market.
Maxwell Dee
Maxwell Dee
20 Nov 2025
Vintage Energy reported a 24% drop in quarterly sales revenue to $0.9 million alongside a 20% production decline, while initiating a Production Uplift Program targeting its Southern Flank gas fields and maintaining steady 2P reserves at 12.5 MMboe.
Maxwell Dee
Maxwell Dee
30 Oct 2025
Conrad Asia Energy has signed a significant gas sales agreement with Indonesia’s PLN subsidiary, underpinning the development of its Mako Gas Field and advancing exploration in Aceh. The company is progressing farm-down talks and preparing for a major seismic survey to unlock further gas resources.
Maxwell Dee
Maxwell Dee
27 Oct 2025