Latest Oil And Gas News

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DUG Technology reported a 23% surge in software revenue and a 15% rise in EBITDA for FY25-Q3, underpinned by strong services order growth and strategic expansion into Brazil.
Sophie Babbage
Sophie Babbage
1 May 2025
Omega Oil and Gas has reported robust oil and gas flows from its Canyon-1H well in Queensland’s Bowen Basin, confirming commercial potential and securing $7 million in fresh capital alongside a strategic board appointment.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Emperor Energy has submitted a key Environmental Plan to NOPSEMA, marking a major step towards drilling the Judith-2 appraisal well in mid-2026 amid tightening east coast gas supply. The company also appointed industry veteran Douglas Jendry as Chairman to steer its next phase.
Maxwell Dee
Maxwell Dee
30 Apr 2025
DGR Global Limited reported steady progress in project generation and strategic investments during Q1 2025, while navigating ongoing legal challenges and securing a $23.5 million funding facility to support operations and refinancing.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Stonehorse Energy’s Q1 2025 report reveals Canadian wells outperforming production forecasts while revenue dips due to softer commodity prices. US operations show recovery, and the company intensifies Canadian business development amid market volatility.
Maxwell Dee
Maxwell Dee
30 Apr 2025
AJ Lucas Group Limited has secured a short-term extension on its debt maturities as it advances refinancing negotiations, signaling cautious optimism for its financial restructuring.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Echelon Resources delivered a robust March 2025 quarter with production volumes up 5% and development wells at Mereenie surpassing expectations. The company also moved to acquire full operatorship of EP145 in the Amadeus Basin, signaling strategic growth despite exploration setbacks.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Noble Helium has postponed its Western margin drilling program and appointed Dennis Donald as Non-Executive Chairman, while actively pursuing refinancing and cost-saving measures to sustain its flagship North Rukwa Project.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Lakes Blue Energy is progressing regulatory approvals and has locked in a drilling rig for its Wombat-5 gas well, while reporting a $1.48 million operating cash outflow and maintaining $3.55 million in cash at quarter-end.
Maxwell Dee
Maxwell Dee
30 Apr 2025
KALiNA Power has advanced its Canadian AI data centre power portfolio with strategic site sales, partnerships, and a $1.5 million capital raise to fund development milestones.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Blue Energy has resolved a significant legal hurdle by securing an amended Environmental Authority for its Sapphire asset, enabling progression of the Petroleum Lease 1034 and continued pilot production testing despite operational interruptions.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Vintage Energy reported a dip in quarterly sales and production but achieved cost savings and secured a key permit renewal, positioning itself for a production uplift program despite recent flooding delays.
Maxwell Dee
Maxwell Dee
30 Apr 2025