Latest Oil And Gas Exploration News

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Bounty Oil and Gas NL reported steady progress in Queensland oil production and development, increasing reserves to 313,000 barrels, while pursuing a Federal Court review of the PEP 11 offshore permit refusal. The company also completed a modest $231,000 entitlement offer to support ongoing exploration and development.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Helios Energy has confirmed significant contingent resources at its Presidio Project in West Texas, supported by new technical partnerships and a strengthened leadership team. The company raised $4.3 million to advance its development plans amid a shifting US energy landscape.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Gold Hydrogen Limited is gearing up for a pivotal 2025 drilling campaign at its Ramsay Project, aiming to further appraise significant natural hydrogen and helium accumulations confirmed in prior exploration. The company also bolsters its technical team and launches a new InvestorHub to deepen stakeholder engagement.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Gas2Grid Limited moves closer to securing a new service contract in the Philippines while appealing a significant legal claim in France, all under the pressure of an impending ASX suspension deadline.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Icon Energy Limited has received a Notice of Proposed Grant for Petroleum Lease PL-1144 in the Cooper Basin, marking a significant step toward resource development. Meanwhile, the company secured a $300,000 unsecured loan under revised terms, though its shares remain suspended pending native title negotiations and ASX approval.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Top End Energy Limited reported a mixed quarterly cash flow with operating and investing outflows offset by robust financing inflows, ending March 2025 with over five quarters of funding available.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Pancontinental Energy reports a significant 3.8 billion barrels of net prospective oil resources at its Saturn Complex in Namibia’s PEL 87, advancing farmout talks and environmental approvals for exploration drilling.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Brookside Energy reported a 50% increase in Proved Developed Producing reserves and steady production in Q1 2025, while progressing preparations for a US listing on the NYSE.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Finder Energy reports 95% completion of its Ikan 3D seismic reprocessing project, underpinning strong production forecasts and active funding efforts for the Kuda Tasi and Jahal oil fields in Timor-Leste.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Key Petroleum has submitted eight PCA applications in Queensland and launched a rights issue to raise A$312,225, aiming to fund both domestic development and international expansion despite a cash balance of just A$20,000 at quarter-end.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Rey Resources reported a net cash outflow in Q1 2025 while progressing seismic surveys and land access negotiations in Western Australia's Canning Basin. The company maintains significant loan facilities to support ongoing exploration activities.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Triangle Energy reported a $9.85 million cash balance for the March quarter, plugged the Becos-1 well after disappointing results, and agreed to defer the Cliff Head asset sale to Pilot Energy until 2026.
Maxwell Dee
Maxwell Dee
29 Apr 2025