Latest Oil And Gas Exploration News

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Xstate Resources has received pre-approval to acquire a 51% stake in the Diona project, setting the stage for drilling operations and ASX trading resumption by late September.
Maxwell Dee
Maxwell Dee
20 Aug 2025
Xstate Resources has secured over $2 million from more than 300 new investors in its Re-compliance Prospectus offer, positioning itself for a potential return to ASX trading by early September.
Maxwell Dee
Maxwell Dee
14 Aug 2025
Xstate Resources has extended its Re-compliance Prospectus Offer deadline to 21 August 2025, aiming to meet ASX conditions for re-admission by raising at least $2 million from 300 new investors.
Maxwell Dee
Maxwell Dee
7 Aug 2025
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