Latest Oil And Gas Exploration News

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Vintage Energy has signed a conditional agreement to acquire Metgasco's 25% interest in key Southern Flank gas joint ventures, aiming to accelerate production and value creation from the Vali and Odin fields.
Maxwell Dee
Maxwell Dee
18 Nov 2025
Metgasco Ltd has entered a conditional agreement to sell its 25% stake in two gas fields in the Cooper Eromanga Basin to Vintage Energy for $5.9 million, marking a significant shift in its asset portfolio.
Maxwell Dee
Maxwell Dee
18 Nov 2025
Finder Energy Holdings has outlined ambitious plans to reach a Final Investment Decision by mid-2026 for its KTJ oil development, aiming for first oil production by late 2027 and unlocking over US$1 billion in gross revenues.
Maxwell Dee
Maxwell Dee
17 Nov 2025
3D Energi Limited has successfully intersected two gas-bearing reservoirs at its Essington-1 exploration well offshore Victoria, with wireline logs confirming moveable hydrocarbons consistent with pre-drill expectations. Upcoming formation testing will determine the commercial potential of these discoveries.
Maxwell Dee
Maxwell Dee
17 Nov 2025
Omega Oil and Gas has inked a binding Letter of Intent with Helmerich & Payne for a cutting-edge drilling rig to spearhead its expansive 2026/27 Taroom Trough appraisal program, aiming to unlock significant unconventional gas and liquids resources.
Maxwell Dee
Maxwell Dee
12 Nov 2025
Melbana Energy’s latest drilling at Amistad-2 in Cuba reveals excellent reservoir quality but disappointingly no oil production, prompting a strategic pivot in exploration plans.
Maxwell Dee
Maxwell Dee
5 Nov 2025
Greenvale Energy Ltd has voluntarily suspended its shares on the ASX to finalize a capital raising, with trading expected to resume following an imminent announcement.
Maxwell Dee
Maxwell Dee
5 Nov 2025
Red Sky Energy has completed drilling the Killanoola-2 well in South Australia, confirming hydrocarbons but facing low permeability challenges. The well is now suspended, with plans for future completion and stimulation to unlock production potential.
Maxwell Dee
Maxwell Dee
3 Nov 2025
NuEnergy Gas Limited reported a cash outflow for the September quarter, continuing its exploration spend while progressing an early gas sales initiative and preparing for further capital raising.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Xstate Resources has successfully re-listed on the ASX and drilled the Diona-1 well in Queensland, revealing a significant overpressured gas column that could accelerate gas sales by mid-2026.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Key Petroleum Limited is on the cusp of securing critical government approvals for its Queensland projects, bolstered by new major shareholders and strategic board changes that set the stage for accelerated development and diversification.
Maxwell Dee
Maxwell Dee
31 Oct 2025
High Peak Royalties reported steady royalty income of A$168,176 in Q3 2025, while progressing exploration and infrastructure developments across its helium, hydrogen, and gas assets.
Maxwell Dee
Maxwell Dee
31 Oct 2025