Latest Production Growth News

Stonehorse Energy has added 262 BOEPD from two new Alberta wells, lifting production from its Drumheller area above 500 BOEPD. Two further wells are online but still cleaning up, while the company plans more drilling before year-end.

Pan African Resources expects FY26 EPS to rise as much as 151% and headline EPS to more than triple, driven by higher realised gold prices and sales. The company also projects further production growth in FY27, with formal results due next week.

Australian Oil Co says Emu Apple-1 is producing 10-20 barrels of oil a day after intervention with no water cut observed so far. Stronger oil prices are prompting assessments of further well restarts, while Californian gas output and the Major-4 offtake plan advance in parallel.

Bass Oil has confirmed oil in the previously unproduced M sand at its Bunian 6 well in Indonesia, with a short cleanup flow reaching approximately 2,400 barrels per day without water. The completed well is expected to lift field production from 250 to at least 750 barrels per day, subject to testing and tie-in work.

Horizon Oil has brought its Nam Phong booster compressor online in Thailand, lifting gross field gas sales to approximately 10.3 TJ/d. The early result is expected to raise Thailand’s contribution to group production by about 500 boepd, although the company has not disclosed the project’s cost or stabilised production outlook.

Westgold Resources has outlined a fully funded plan to lift gold production to 460-510koz by FY29 while reducing AISC to A$2,640-A$3,000/oz. The formal outlook excludes its potentially transformative Fletcher Zone, leaving a sizeable but still conceptual growth option beyond the plan.

Cobre has secured two ore supply agreements that could add about 300 tonnes of copper cathode a month from Q4 2026, without changing its existing production guidance. The deal is designed to lift utilisation of the under-used Sierra Atacama plant while the company transitions from underground to open-pit mining in 2027.

Elevra Lithium is positioning its Québec operations for a near-doubling in spodumene concentrate capacity, while guiding to modest production growth and sharply higher capital spending in FY27. The three-stage North American Lithium expansion is targeting 373,000 tonnes per year for an estimated US$271 million.

Forrestania Resources has vaulted into a new league with a global gold resource exceeding 2 million ounces following its acquisition of the Edna May Gold Project, which brings significant processing infrastructure and development potential.

Forrestania Resources completes A$300 million purchase of Edna May Gold Project, adding a second processing hub in Western Australia and raising over A$215 million in a major capital placement.

Forrestania Resources has finalized its A$300 million acquisition of the Edna May Gold Project from Ramelius, adding a second processing hub in Western Australia and advancing its goal to become a major gold producer.

Bass Oil’s Bunian 6 well in Indonesia has uncovered a previously untested third oil pay zone, set to triple production and boost field reserves potential.