Latest Production Testing News

1414 Degrees Ltd posted a steep 192% rise in half-year losses to $3.86 million, while advancing its silicon-based energy storage and hydrogen technologies. The company also faces uncertainty after its joint venture partner Vast Renewables entered administration.

Papyrus Australia Limited reported a reduced half-year loss and marked a significant commercial milestone with a $4.2 million supply contract, advancing its transition from technology development to early-stage commercialisation.

HyTerra Limited is gearing up for a critical production test at its McCoy-1 well in Kansas, aiming to validate hydrogen and helium flow rates and reservoir performance. This test marks a pivotal step in advancing the company’s strategic plan to commercialise geologic hydrogen resources.

European Resources Limited has reported encouraging preliminary metallurgical test results for its Korsnäs Rare Earth Element Project in Finland, highlighting significant grade uplift and recovery improvements. These findings mark a key step in advancing the project’s processing flowsheet and strategic positioning within the EU rare earth supply chain.

Osmond Resources is advancing downstream processing opportunities for rare earths, rutile, and silicon at its Orión project in Spain, aiming to leverage strong grades and scale to capture additional value and funding.

Elixir Energy has successfully drilled the Lorelle-3 pilot well to 3,580 metres in Queensland’s Taroom Trough, intersecting multiple Permian hydrocarbon reservoirs including a thick section of the primary Tinowon ‘Dunk’ Sandstone. Wireline logging and upcoming stimulation tests aim to confirm commercial gas flow potential.

Axel REE is fast-tracking field recovery trials at its Caladão Project, leveraging proven in situ recovery methods and a rare gallium resource to position itself uniquely in the critical minerals space.

88 Energy advances its Namibia exploration with a planned high-resolution airborne survey and bolstered confidence from nearby successful drilling results.

Elixir Energy has reached 2,320 metres in the Lorelle-3 appraisal well and is preparing to drill the reservoir section targeting the Dunk member of the Tinowon Sandstone, with flow testing planned before mid-2026.

Xstate Resources has reported a promising gas discovery at its Diona-1 well in Queensland, updating prospective resources to 200 billion cubic feet and securing funding for upcoming appraisal and production testing.

State Gas Limited has independently certified a maiden 2P gas reserve of 30.2 PJ at its Rolleston West Project, underpinning plans for a 10TJ/day gas development. The company also raised $3.2 million through convertible notes to accelerate pre-development activities.

Lakes Blue Energy has completed drilling and begun production testing at its Wombat-5 well, while progressing plans for proof-of-concept drilling at the Portland Energy Project targeting up to 1 trillion cubic feet of gas.