Latest Natural Gas Pricing News

Stonehorse Energy returned to profit in FY2026 as Canadian production and oil exposure lifted revenue, while the company sold its US assets after year-end. The next test is whether Drumheller can convert production growth into sustainable cash flow while carrying new debt.

Galilee Energy has shifted the Zydeco-1 sidetrack from its original gas-condensate focus to five shallow oil zones carrying up to 422.6 thousand barrels of gross unrisked Prospective Resources. The A$3.5 million placement is expected to fund the revised oil testing and potential production design.

AXP Energy is installing a 320kW natural gas generator at its Edwards Lease in Oklahoma to power digital mining equipment, marking its first commercial gas-to-power project following a successful Colorado trial.

Galilee Energy has transformed its Zydeco Gas Project in Louisiana into a drill-ready asset, aiming for a Q2 2026 spud and first production within six months of success.

Galilee Energy has completed the Zydeco-1 well design and directional plan, achieving around US$100,000 in cost savings and advancing steadily toward a Q2 2026 drilling start. The project targets Gulf Coast natural gas and condensate markets, supported by a newly appointed US Advisory Board.

Brookside Energy delivered steady production and strong cash flow from its Anadarko Basin assets in the December 2025 quarter, while advancing its Riverbend project and continuing an active share buy-back program.

Otto Energy reported stable oil and gas production for the December quarter, supported by a strong cash position and strategic board changes. Despite a dip in oil prices, the company’s focus on cash flow and cost management positions it well for the year ahead.

Otto Energy reported steady revenue of US$5.2 million in Q1 2025 despite a 9% production decline, offset by higher commodity prices and a significant insurance claim. The company also strengthened its cash position and reduced operating costs.

Fitzroy River Corporation reported steady royalty income for the year ending March 2025, alongside key strategic agreements and a planned capital return, navigating a volatile global energy landscape.

Stonehorse Energy Limited outperformed production forecasts in Q4 2024 despite a revenue dip caused by weak natural gas prices, while advancing new project negotiations in Canada and the US.

Elixir Energy wraps up Daydream-2 well operations and prepares for next appraisal in a strengthening gas market, while progressing farmout talks for Australian and Mongolian assets.

Fitzroy River Corporation's latest quarterly report reveals a dip in royalty income but highlights progress on major silver and gold projects, alongside strategic moves in energy royalties.