Latest Perth Basin News

H3 Energy’s latest technical evaluation of the Warro 3 well reveals 11 promising dry gas zones, setting the stage for a targeted horizontal appraisal well to unlock commercial gas flow.

Beach Energy reported a 32% drop in half-year net profit to $150.2 million, impacted by flooding and lower oil prices, while advancing its Waitsia Stage 2 gas project. The company declared a fully franked interim dividend of 1.0 cent per share.

Pilot Energy has made significant strides in Q4 2025 with the launch of a modular data centre joint venture, progress on a hybrid solar and battery project, and advancement of offshore gas exploration partnerships, supported by substantial new financing.

Triangle Energy has secured new offshore and onshore permits in the Philippines while initiating legal action against JV partners in Western Australia, signaling a strategic pivot and operational challenges ahead.

Strike Energy reports steady progress on its South Erregulla gas power project, while optimising Walyering production and maintaining strong liquidity. The company navigates market conditions with a strategic reduction in output and plans for upcoming drilling activities.

Carnarvon Energy advances its Bedout Sub-basin exploration with a major drilling campaign planned for early 2027, while maintaining a robust financial position and strategic investment in Strike Energy.

Triangle Energy has launched legal proceedings against Echelon Energy's subsidiary over a $3.84 million cost dispute tied to a farm-in agreement in the Perth Basin. The move follows failed negotiations after Echelon's withdrawal from drilling obligations.

Pilot Energy is progressing its farmout process for the WA-481-P offshore gas project, eyeing early drilling at the Leander Gas Prospect before a delayed 3D seismic survey. The company targets first gas production by 2030 leveraging existing infrastructure.

Whitebark Energy has appointed Nik Sykiotis as CEO, positioning the company to advance its strategic focus on natural hydrogen, helium, and hydrocarbons. Sykiotis’s operational expertise is expected to steer Whitebark through its next growth phase.

Whitebark Energy has launched a coordinated suite of technical and commercial studies to reassess the Warro Gas Field’s potential, aiming to unlock a near-term gas supply opportunity for Western Australia.

Pilot Energy has made significant strides in its offshore Perth Basin exploration with environmental approval for a major seismic survey and secured substantial financing to support its ongoing projects and transition to clean energy.

Whitebark Energy has revealed significant new dry gas zones with minimal water in its Warro Gas Field, boosting the asset’s commercial prospects. The company also secured $750,000 in an oversubscribed placement to fast-track development activities.