Latest Oil And Gas News

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Galilee Energy is gearing up to drill its Zydeco-1 well in Louisiana this July, aiming to kickstart near-term cash flow from a low-cost, low-risk gas-condensate project. The company’s newly formed US advisory board supports a strategy to scale production through repeatable Gulf Coast asset acquisitions.
Maxwell Dee
Maxwell Dee
16 June 2026
Botala Energy’s central production well 3.5B at the Serowe CBM Project in Botswana has completed key pre-stimulation steps, setting the stage for a multi-stage stimulation program and a 90-day flow test to evaluate commercial gas production potential.
Maxwell Dee
Maxwell Dee
15 June 2026
AXP Energy has struck a farm-in deal to earn a 25% interest in Block 9, a prolific onshore Syrian oil and gas contract with substantial historical prospective resources, positioning the company amid a reopening Middle East energy market.
Maxwell Dee
Maxwell Dee
15 June 2026
Galilee Energy has begun site preparation for its Zydeco-1 well in Louisiana, on track for a July 2026 spud targeting up to 8 billion cubic feet of gas and 0.5 million barrels of condensate.
Maxwell Dee
Maxwell Dee
15 June 2026
BPH Energy and Bounty Oil & Gas await a Federal Court judgement on their challenge against the refusal to extend the PEP-11 offshore permit. The decision, reserved since February, will be handed down mid-June, potentially shaping the companies' exploration prospects.
Maxwell Dee
Maxwell Dee
12 June 2026
Sparc Technologies secures its first international commercial partner as Petro Vietnam Paint commits to using ecosparc® in its PERAPHENE coatings range, targeting highly corrosive environments with improved anticorrosion performance.
Maxwell Dee
Maxwell Dee
9 June 2026
Swift TV Ltd has secured $2.33 million through a $1.9 million placement and a $430,000 debt conversion, boosting its capacity to deliver contracted deployments and expand recurring revenue streams.
Sophie Babbage
Sophie Babbage
9 June 2026
Bounty Oil & Gas NL has issued a prospectus offering over 632 million new options to eligible investors as part of a broader recapitalisation, potentially raising $6.3 million if exercised.
Maxwell Dee
Maxwell Dee
5 June 2026
Macallum New Energy has expanded its exploration prospects in the underexplored southern North Perth Basin with a new oil and gas prospect, Aberfeldy, and plans to pursue helium and hydrogen exploration following recent regulatory changes.
Maxwell Dee
Maxwell Dee
5 June 2026
Matrix Composites & Engineering has lodged its Scheme Booklet with ASIC, setting the stage for a July shareholder vote on its proposed acquisition by Advanced Innergy Holdings. The deal, backed by an Independent Expert and the Matrix board, awaits court approval and shareholder endorsement.
Victor Sage
Victor Sage
4 June 2026
SRJ Technologies Group clarified that no undisclosed material information explains its recent share price surge, pointing instead to earlier BoltEx orders and the recent SpaceX IPO as likely influences.
Sophie Babbage
Sophie Babbage
4 June 2026
Conrad Asia Energy appoints Peter Botten as Executive Chairman and initiates CEO search amid transition to gas producer with first gas targeted for late 2027.
Maxwell Dee
Maxwell Dee
3 June 2026