Latest Natural Gas Reserves News

3D Energi has raised $14.5 million through a well-supported placement to fund critical drilling and testing activities in the Otway Basin, aiming to unlock new gas reserves for Australia's East Coast market.

3D Energi has commenced drilling the Charlemont-1 gas exploration well offshore Victoria, targeting a substantial 93 billion cubic feet of gas with promising geological indicators. This marks a key step in the Otway Exploration Drilling Program aimed at bolstering East Coast gas supplies.

ADX Energy has secured a pivotal court ruling that allows it to resume drilling and testing at its Welchau-1 well in Austria, overcoming environmental objections and strengthening its exploration prospects.

AXP Energy has secured $1.25 million through a share placement to accelerate its modular data centre rollout powered by stranded natural gas in Colorado. This capital injection aims to support the company’s pioneering gas-to-power operations tied to Bitcoin mining and other high-performance computing applications.