Latest Perth Basin News

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.

Carnarvon Energy has made a significant A$86 million investment in Strike Energy, becoming its largest shareholder and gaining exposure to Western Australia’s growing gas market, while deferring Bedout drilling to early 2027 due to rig shortages.

Triangle Energy has initiated legal proceedings against Strike Energy's subsidiary over a $3.84 million dispute tied to the L7 permit in the Perth Basin, escalating tensions in a key oil and gas project.

Strike Energy has made significant strides in its integrated gas-to-power strategy, advancing the South Erregulla Peaking Gas Power Station and securing a major $86 million investment from Carnarvon Energy. The company also confirmed a substantial 180 PJ contingent resource at Ocean Hill, positioning itself strongly in Western Australia's evolving energy market.

Triangle Energy (Global) Limited has amended its quarterly cash flow report to correct key figures while advancing new permits in the Philippines and progressing the transition of its Cliff Head Oil Field to a carbon capture and storage project.

Triangle Energy (Global) Limited has secured three new permits in the Philippines, advancing its gas exploration portfolio while navigating joint venture withdrawals in Australia and finalising the sale of its Cliff Head onshore assets.

Pilot Energy has secured crucial environmental approval to conduct a 3D seismic survey offshore Perth Basin, propelling its exploration and farmout ambitions forward while supporting carbon storage initiatives.