Latest Production Growth News

Kingsgate Consolidated has converted a full year of Chatree mining into record financial results, with revenue up 77% and net profit reaching A$277.9 million. The balance sheet is stronger, dividends have returned and Nueva Esperanza is moving towards a feasibility decision, but higher waste movement and project execution now replace the turnaround story.

ADX Energy has completed encouraging multi-zone testing at its HOCH-1 gas well in Austria and will target at least one deeper reservoir in December. A combined workover program is also expected to lift Vienna Basin production by approximately 100 BOEPD, although both outcomes remain subject to further work.

Stonehorse Energy returned to profit in FY2026 as Canadian production and oil exposure lifted revenue, while the company sold its US assets after year-end. The next test is whether Drumheller can convert production growth into sustainable cash flow while carrying new debt.

Cokal’s 60%-owned BBM subsidiary has pushed repayment of a US$20 million capital sum from January 2027 to January 2030. The relief comes with deferred fees carrying 10% annual interest and marketing rights over the first 20 million tonnes of mine production.

Kogan.com (ASX:KGN) crossed $1 billion in annual gross sales as stronger margins, cash generation and a Mighty Ape reset lifted FY26 results. The group returned to statutory profit, ended debt-free and declared another fully franked dividend.

Bass Oil says production at its Indonesian Bunian field has risen from 250 bopd to more than 800 bopd on a 100% share basis after Bunian 6 began producing from a newly discovered reservoir. Output could reach about 1,000 bopd once additional trucking capacity is available.

Peninsula Energy expects to book an approximately US$50 million non-cash impairment against legacy assets at its Lance uranium project in Wyoming. The charge removes value from Mine Units 1, 2 and 3 as the company concentrates capital and technical resources on Mine Unit 4 and future development.

Brookside Energy has started stimulation work on two wells at its Suttles Pad in Oklahoma, with 64 stages planned before drill-out, flowback and production. The milestone brings the company’s approximately 70% working interest in the development closer to first sales, although no production date or volume guidance was provided.

Capricorn Metals has completed its Karlawinda Expansion Project on schedule and achieved the targeted 6.5 million tonnes per annum throughput. The expanded operation is expected to produce about 150,000 ounces of gold annually, although the plant remains in its ramp-up phase.

Bass Oil has put a 1,280-barrel-per-day Bunian 6 test and planned Vanessa gas sales at the centre of its next growth phase. The company is also promoting Kiwi as a larger, longer-dated development opportunity, although much of the upside remains subject to testing, funding and execution.

Horizon Oil has used its Pareto Securities presentation to put record FY26 production, enlarged reserves and a multi-country drilling pipeline at the centre of its growth case. The stronger platform comes with a test: convert a long list of projects into sustained cash flow while preserving shareholder returns.

TMK Energy says average gas production at its Gurvantes XXXV pilot in Mongolia has risen 11% above August’s daily average, with several wells reaching record rates. The company is now pursuing higher production, a gas-to-power project and regulatory steps to convert its 2C resources into reserves.