Latest Oil Production News

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Bass Oil reported steady quarterly oil production with a 20% increase in Indonesian output following a production enhancement program. The company is poised to enter the East Coast Gas Market pending regulatory approval for the Vanessa gas field acquisition.
Maxwell Dee
Maxwell Dee
28 Oct 2025
Finder Energy has secured half of the development capital for its KTJ oil project in Timor-Leste through a farmin deal with TIMOR GAP and accelerated engineering work with SLB, targeting first oil by the end of 2027.
Maxwell Dee
Maxwell Dee
28 Oct 2025
Melbana Energy continues steady oil production in Cuba with new drilling underway, while securing critical permit variations in Australia that extend exploration timelines and reduce seismic obligations.
Maxwell Dee
Maxwell Dee
27 Oct 2025
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.
Maxwell Dee
Maxwell Dee
21 Oct 2025
Finder Energy has secured half of the development funding for its KTJ oil project in Timor-Leste through a farmin agreement with TIMOR GAP, alongside an independent resource upgrade that strengthens the project's outlook for first oil by 2027.
Maxwell Dee
Maxwell Dee
13 Oct 2025
Stonehorse Energy has secured a farm-in agreement to drill a well in Alberta’s prolific Ellerslie reservoir, with plans to participate in up to three additional wells, marking a significant step in its Canadian growth strategy.
Maxwell Dee
Maxwell Dee
6 Oct 2025
Cobram Estate Olives has successfully closed a $6.1 million Share Purchase Plan alongside a $2 million shortfall placement, fueling its US growth ambitions. The capital raise complements a recent $175 million institutional placement, underpinning the company’s strategic farmland acquisitions and olive grove developments in America.
Ada Torres
Ada Torres
3 Oct 2025
Finder Energy is fast-tracking development of the Kuda Tasi and Jahal oil fields in Timor-Leste, backed by a transformational farmin deal with TIMOR GAP and a strategic alliance with SLB, targeting first oil by October 2025.
Maxwell Dee
Maxwell Dee
1 Oct 2025
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.
Maxwell Dee
Maxwell Dee
19 Sept 2025
Bridgeport Energy reports stable petroleum reserves of 4.1 million barrels of oil equivalent and 4.9 million barrels of contingent resources as of July 2025, underpinning its ongoing production and future gas development plans.
Maxwell Dee
Maxwell Dee
16 Sept 2025
Helios Energy has pinpointed a high-potential unconventional sweet spot alongside multiple conventional oil and gas targets within its Presidio Project, setting the stage for near-term drilling and potential value re-rating.
Maxwell Dee
Maxwell Dee
10 Sept 2025
Finder Energy has accelerated development of its Kuda Tasi and Jahal oil project in Timor-Leste through a strategic alliance with SLB, targeting a Final Investment Decision in 2026. The company highlights robust resource estimates and a streamlined path to first oil production.
Maxwell Dee
Maxwell Dee
10 Sept 2025