Latest Oil Gas News

Omega Oil & Gas has secured a $7.3 million refundable R&D tax offset for FY23, bolstering its financial position and supporting ongoing development of its promising Canyon Project in Queensland.

Cleanaway Waste Management has secured regulatory approval to acquire Contract Resources, positioning itself as a leader in specialised industrial waste services. The deal, set to complete by the end of July, aims to accelerate growth in the decommissioning and remediation market.

SciDev Limited has confirmed winning $21.5 million in new and renewed contracts spanning key industrial sectors, reinforcing its position in specialty water treatment solutions.

SciDev Limited has secured $21.5 million in new contracts and renewals across oil & gas, mining, and PFAS remediation sectors, boosting its FY26 revenue guidance to $120-$140 million.

Beetaloo Energy secures crucial consent from Traditional Owners for the sale of appraisal gas at its EP187 project, marking a key step forward in its Northern Territory operations.

Tamboran Resources has reported a record 30-day initial production flow rate from its Shenandoah South 2H sidetrack well in the Beetaloo Basin, aligning with prolific US shale benchmarks and setting the stage for commercial gas sales by mid-2026.

The Arkansas Oil & Gas Commission has approved a 2.5% lithium royalty for brine projects, providing Pantera Lithium with regulatory clarity and a competitive fiscal framework that enhances its Smackover Project’s commercial prospects.

Australis Oil & Gas reported a robust 2024 performance with strong safety and environmental records, maintaining strategic focus on its Tuscaloosa Marine Shale asset despite challenging market conditions.

Anson Resources has gained regulatory approval to re-enter a historic well at its Green River Lithium Project, aiming to deepen the reservoir and advance its lithium resource definition. This move sets the stage for a critical feasibility study that could underpin future lithium production.

SciDev Limited reported a robust Q3 FY25 with revenue rising 10% and EBITDA tripling, driven by strategic US market expansion and a landmark PFAS remediation contract despite ongoing market challenges.

Greenvale Energy has completed the acquisition of the high-grade Oasis Uranium Project in Queensland and successfully raised $1.8 million to fund upcoming exploration programs, marking a significant step in its uranium portfolio expansion.

Pointerra Limited’s Q3 FY25 results reveal delayed invoicing milestones pushed into Q4, yet strong progress across multiple sectors and promising product development underpin an optimistic cashflow outlook.