Latest Oil And Gas Production News

Red Sky Energy reports steady production and cash flow growth from its Innamincka and Killanoola projects, while securing a strategic 35% stake in Angola’s Block 6/24, marking a significant step in its international expansion.

Conrad Asia Energy has signed a significant gas sales agreement with Indonesia’s PLN subsidiary, underpinning the development of its Mako Gas Field and advancing exploration in Aceh. The company is progressing farm-down talks and preparing for a major seismic survey to unlock further gas resources.

FAR Limited reports robust production from Senegal’s Sangomar field and ongoing negotiations over a US$6 million claim by Woodside Energy, while maintaining a solid cash position of US$7.9 million at quarter’s end.

Karoon Energy reported a 12% production dip in Q3 2025 due to operational challenges but saw a 3% revenue increase driven by higher oil prices and secured a new deepwater block in Brazil.

Bass Oil Limited reported a 3% rise in September oil production, driven by a 20% uplift in Indonesian output, while awaiting regulatory approval for a strategic gas field acquisition.

Metgasco reports interim results from its Phase 2 Production Uplift Program, highlighting steady gas flows from the Odin and Vali fields with ongoing efforts to unlock the Toolachee Formation’s potential.

TMK Energy reports a significant 60% increase in gas production at its Gurvantes XXXV Pilot Well Project in September 2025, driven by improved drilling techniques and strategic reservoir management despite operational challenges.

Bass Oil Limited reported a 20% increase in August sales revenue alongside a 3.5% rise in daily production, while progressing regulatory approval for its strategic Vanessa gas field acquisition.

AXP Energy has commenced drilling operations on its Charlie #1 Well in Oklahoma, backed by a recent A$2.7 million capital raise. The project targets multiple stacked pay zones and aims to expand gas-to-power and bitcoin mining ventures.

Horizon Oil Limited reported robust FY25 financial and operational results at the RIU Good Oil & Gas Conference, highlighting sustained dividends and a clear growth strategy across its Asia-Pacific portfolio.

Bass Oil Limited reported a 55% increase in EBITDA for the first half of 2025 despite lower oil prices, while progressing key gas field developments to enter the Australian East Coast Gas Market.

TMK Energy’s LF-07 pilot well at the Gurvantes XXXV Coal Seam Gas Project is producing over 100 cubic metres of gas daily, driving a doubling of total pilot well output since recent drilling. This milestone sets the stage for further production increases as reservoir management advances.