Latest Oil And Gas Exploration News

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Red Sky Energy has mobilised drilling equipment to the KN2 well site at Killanoola, with regulatory approvals advancing smoothly and drilling expected to begin soon.
Maxwell Dee
Maxwell Dee
20 Oct 2025
Strike Energy Limited has addressed ASX concerns over a delayed filing of a director’s interest notice, attributing the lapse to administrative oversight while affirming confidence in its compliance processes.
Maxwell Dee
Maxwell Dee
16 Oct 2025
Xstate Resources has confirmed 23 meters of net gas pay across three Permian sandstone zones in its Diona-1 well, setting the stage for upcoming flow testing that could redefine resource estimates.
Maxwell Dee
Maxwell Dee
14 Oct 2025
3D Energi has raised $9.4 million to fund the drilling of its Essington-1 well in the Otway Basin, with Korea National Oil Corporation acquiring a 29% stake in the joint venture alongside ConocoPhillips. Drilling is set to commence in late October 2025.
Maxwell Dee
Maxwell Dee
13 Oct 2025
Buru Energy secured key government approvals and identified a promising new gas prospect beneath its Rafael field, while raising $4.4 million to fund development activities. The company is gearing up for a Final Investment Decision in 3Q 2026, aiming for first material cash flow by 2028.
Maxwell Dee
Maxwell Dee
10 Oct 2025
Melbana Energy has significantly upgraded its prospective resource estimates for the AC/P70 offshore permit, boosting gas and oil volumes and advancing the Hadrosaurus lead to prospect status, while progressing a farmout process to fund exploration.
Maxwell Dee
Maxwell Dee
10 Oct 2025
Winchester Energy has commenced drilling the JVU-5 well in its Varn waterflood project in Texas, marking a key step in unlocking over one million barrels of oil equivalent reserves. The operation underscores the company’s commitment to expanding its US production footprint.
Maxwell Dee
Maxwell Dee
9 Oct 2025
Xstate Resources reports a significant overpressured gas column at its Diona-1 well in Queensland, hinting at a potentially large unconventional gas resource. Drilling continues with further data acquisition pending.
Maxwell Dee
Maxwell Dee
8 Oct 2025
Stonehorse Energy has secured a farm-in agreement to drill a well in Alberta’s prolific Ellerslie reservoir, with plans to participate in up to three additional wells, marking a significant step in its Canadian growth strategy.
Maxwell Dee
Maxwell Dee
6 Oct 2025
Amplitude Energy Limited has announced a proposed 11-for-1 share consolidation, pending shareholder approval at its upcoming AGM. This move aims to streamline its capital structure following a recent entitlement offer.
Maxwell Dee
Maxwell Dee
3 Oct 2025
Xstate Resources reports steady progress on its Diona-1 well in Queensland, confirming its majority ownership of ATP 2077 and targeting multiple proven gas reservoirs with promising potential.
Maxwell Dee
Maxwell Dee
2 Oct 2025
Finder Energy is fast-tracking development of the Kuda Tasi and Jahal oil fields in Timor-Leste, backed by a transformational farmin deal with TIMOR GAP and a strategic alliance with SLB, targeting first oil by October 2025.
Maxwell Dee
Maxwell Dee
1 Oct 2025