Latest Oil And Gas Exploration News

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Key Petroleum Limited has appointed Yan Zhao as Managing Director, bringing over two decades of mining and exploration expertise to the helm. The move signals potential strategic shifts amid a modest remuneration package.
Maxwell Dee
Maxwell Dee
7 Aug 2025
Key Petroleum Ltd has secured A$152,361 through a share placement aimed at supporting its merger preparations and corporate development initiatives.
Maxwell Dee
Maxwell Dee
4 Aug 2025
Key Petroleum announces the resignation of Managing Director Louis Chien, with interim leadership maintained by executive directors Wei Jin and Yuqi Cao as the board searches for a successor.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Whitebark Energy has confirmed a substantial update to its prospective hydrocarbon resources in South Australia's Officer Basin, with an independent assessment revealing 4.3 trillion cubic feet of gas and 1.3 billion barrels of liquids across key permits.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Winchester Energy reported steady oil production and revenue for the June quarter while resolving key legal disputes and undergoing significant board changes. The company also withdrew from costly Peruvian exploration plans, focusing on US operations and cost control.
Maxwell Dee
Maxwell Dee
31 July 2025
Xstate Resources has divested its Austrian Anshof project to concentrate on its upcoming Diona drilling campaign in Queensland and a planned ASX re-listing backed by a $2-3 million capital raise.
Victor Sage
Victor Sage
31 July 2025
Emperor Energy has secured a significant upgrade to its Judith Gas Field resources following an independent audit, alongside a $3.7 million capital raise to fund the upcoming Judith-2 appraisal well scheduled for mid-2026.
Maxwell Dee
Maxwell Dee
31 July 2025
Pilot Energy reports significant progress in transitioning the Cliff Head Oil Field to a carbon storage facility, alongside a major upgrade in WA-481P gas and oil prospective resources and a $6.8 million capital raise.
Maxwell Dee
Maxwell Dee
31 July 2025
Australian Oil Company Limited reported stable gas production from key wells and completed a $1 million loan forgiveness settlement, while refocusing its portfolio away from less promising leases.
Maxwell Dee
Maxwell Dee
31 July 2025
High Peak Royalties Limited reported stable royalty receipts of A$345,240 for the June 2025 quarter, maintaining cash flow while advancing monitoring of key gas and geothermal assets across Australia and the US.
Maxwell Dee
Maxwell Dee
31 July 2025
Gas2Grid Limited is on the cusp of securing three key service contracts in the Philippines, aiming to revive its exploration activities despite looming ASX delisting. Meanwhile, its legal battle in France continues to unfold.
Maxwell Dee
Maxwell Dee
31 July 2025
Hartshead Resources NL reports steady progress on its P2607 gas development in the UK Southern North Sea, supported by a strong cash position and ongoing joint venture negotiations with RockRose Energy.
Maxwell Dee
Maxwell Dee
31 July 2025