Latest Oil Gas News

Elixir Energy has raised approximately AUD 16.6 million through a two-tranche placement led by Omega Oil & Gas, aiming to fast-track its Taroom Trough gas projects and advance toward commercial production.

AML3D has secured a significant $1.7 million order for its ARCEMY X large-scale metal 3D printer from US defense supplier FasTech, marking a key milestone in its US expansion strategy.

Tamboran Resources has sanctioned its Shenandoah South Pilot Project, completed a record drilling campaign, and is progressing infrastructure to deliver gas to the Northern Territory by mid-2026. The company also announced a planned acquisition of Falcon Oil & Gas and raised $56 million in a public offering.

Volt Group Limited is set to acquire Perth-based 4D Delta Pty Ltd for $7.25 million, adding a profitable digital asset inspection business to its portfolio. The acquisition is supported by a $4 million capital raise and aims to accelerate Volt’s growth in technology-enabled resource services.

Intelligent Monitoring Group (IMG) reported robust FY25 results with $38.4m EBITDA and an 8.2% earnings rise, while projecting up to 24% EBITDA growth in FY26 fueled by AI innovations and key acquisitions.

Helios Energy has restarted production at its Texas Presidio wells and identified new drilling targets, setting the stage for a dual-track development strategy that balances early cashflow with longer-term growth.

Hawk Resources advances exploration with imminent drilling at five copper-gold targets in Utah and secures an option to acquire a major scandium project in Western Australia, supported by a $5 million placement.

Bounty Oil & Gas reported a modest $272,000 in oil revenue for Q3 2025, boosted reserves in Queensland, and plans to restart Surat Basin production in 2026 while navigating ongoing legal challenges offshore Sydney.

Top End Energy has unveiled a significant prospective hydrogen resource in Kansas and strengthened its U.S. market presence with new OTCQB listings, while advancing strategic discussions in Australia’s Beetaloo Basin.

Titomic Limited has launched a major European manufacturing hub and a UK subsidiary, secured a $50 million capital raise, and forged strategic partnerships to advance its cold spray additive manufacturing technology.

Elixir Energy reports promising gas pay results at Diona-1 and secures a premium drilling rig for the upcoming Lorelle-3 appraisal well, positioning itself for a pivotal phase in the Taroom Trough.

Invictus Energy has secured National Project Status for its Cabora Bassa gas project in Zimbabwe and signed a major funding deal with Al Mansour Holdings, setting the stage for high-impact drilling in 2026.