Latest Production News

Conrad Asia Energy Ltd has had its trading suspension lifted following the completion of a significant farm down of 75% of its Duyung Production Sharing Contract. This move marks a pivotal moment for the company’s asset portfolio and market presence.

Conrad Asia Energy has partnered with PT Nations Natuna Barat to farm down a majority stake in the Mako gas field, securing full funding for its development and reducing capital risk. The deal positions Conrad to focus on other exploration assets while retaining operational control.

Electro Optic Systems (EOS) has acquired a UK-based interceptor drone business for A$10 million, adding a cutting-edge counter-drone capability to its portfolio. The move positions EOS as a leader in advanced drone defense technology with a commercial launch expected within two years.

Alara Resources’ Oman joint venture has secured an additional $36.4 million loan facility to fund key capital projects and sustain operations at the Al Wash-hi Majaza Copper Gold Project.

Schaffer Corporation delivered solid FY25 results with revenue growth and record property valuations, but the Jaguar Land Rover cyberattack clouds the near-term outlook for its Automotive Leather division.

ParagonCare reported solid FY25 results, progressing well on its complex merger integration and expanding its footprint in Asia through the acquisition of Somnotec Group.

Bass Oil Limited reported a 32% jump in October sales revenue alongside a 4% rise in daily production, while advancing its strategic Vanessa gas field acquisition targeting first gas sales in the second half of 2026.

Uvre Limited has secured a key Prospecting Permit for the historic Invincible Gold Project in New Zealand’s Otago Goldfields, setting the stage for exploration activities starting late 2025 and maiden drilling in 2026.

Nufarm Limited reported a 3% revenue increase to $3.4 billion in FY2025, driven by strong crop protection growth, while restructuring in Seed Technologies led to a statutory loss of $165 million. The company forecasts earnings growth and leverage reduction in FY2026.

Nufarm’s FY25 results reveal robust growth in crop protection and a strategic reset in seed technologies, with a significant reduction in net debt setting the stage for a stronger FY26.

Stakk Limited has landed a pivotal 3-year contract with U.S. fintech giant SoFi, significantly boosting its annual recurring revenue projections beyond $8 million. This deal highlights Stakk’s growing footprint in embedded finance across major international brands.

Nufarm Limited posted a $165.3 million statutory loss for FY25, driven by significant restructuring charges and omega-3 price declines, while announcing a CEO transition effective January 2026.