Latest Perth Basin News

Page 4 of 5
Carnarvon Energy has committed up to $89 million to acquire nearly a 20% stake in Strike Energy, gaining strategic exposure to Western Australia’s growing gas market while maintaining its own development plans.
Maxwell Dee
Maxwell Dee
22 July 2025
Strike Energy unveils a strategic pivot focusing on gas-fired power and upstream gas projects to underpin Western Australia’s energy transition and deliver shareholder value.
Maxwell Dee
Maxwell Dee
26 June 2025
Triangle Energy has signed binding agreements to sell its onshore Cliff Head assets to Pilot Energy, marking a strategic shift to focus on oil and gas exploration in the Perth Basin.
Maxwell Dee
Maxwell Dee
24 June 2025
Triangle Energy's joint venture partners Echelon Resources and Strike Energy have withdrawn from key Perth Basin permits, prompting the company to seek new collaborators to continue its exploration program.
Maxwell Dee
Maxwell Dee
20 June 2025
Strike Energy’s latest seismic surveys reveal promising exploration and appraisal opportunities at Ocean Hill and Kadathinni, reinforcing its dominant position in the Perth Basin gas market.
Maxwell Dee
Maxwell Dee
7 May 2025
Echelon Resources delivered a robust March 2025 quarter with production volumes up 5% and development wells at Mereenie surpassing expectations. The company also moved to acquire full operatorship of EP145 in the Amadeus Basin, signaling strategic growth despite exploration setbacks.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Beach Energy reported steady production and strong financials in Q3 FY25 despite flood disruptions in the Cooper Basin, with key projects advancing and liquidity improving.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Triangle Energy reported a $9.85 million cash balance for the March quarter, plugged the Becos-1 well after disappointing results, and agreed to defer the Cliff Head asset sale to Pilot Energy until 2026.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Mineral Resources Limited reported a steady Q3 FY25 with operational progress at Onslow Iron and lithium assets, alongside ongoing corporate governance reforms and robust financial health.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Image Resources NL has achieved a key milestone with first heavy mineral concentrate production and shipment from its Atlas project, setting the stage for positive operating cash flow in the coming quarter.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Triangle Energy’s Becos-1 exploration well in the Perth Basin has been plugged and abandoned after failing to find hydrocarbons in economic quantities, yet the company remains optimistic about future prospects and well-funded for upcoming ventures.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Beach Energy Limited has reversed its fortunes with a $222.3 million net profit for H1 FY25, driven by higher production and improved gas prices. The company also announced a fully franked interim dividend of 3.0 cents per share.
Maxwell Dee
Maxwell Dee
6 Feb 2025