Latest Prospective Resources News

Prominence Energy outlines a disciplined, capital-efficient plan to advance its South Australian helium and natural hydrogen projects toward drilling in mid-2027, backed by low-cost exploration and strategic funding options.

Prospect Resources has received significant assay results from new drill holes extending copper mineralisation beyond the current Nyungu Central resource boundary at its Mumbezhi Project in Zambia.

Macallum New Energy completed key 3D and 2D seismic surveys in Western Australia’s Perth Basin, setting the stage for prospect maturation and potential drilling in 2027 while maintaining a strong cash position.

88 Energy has boosted its South Prudhoe oil prospects by 35%, securing key assets and advancing drilling plans for Q1 2027 while reducing capital risk in Namibia.

Buru Energy pushes forward with its Rafael Gas Project development, securing A$5.3 million in funding and progressing environmental approvals while navigating executive leadership changes.

Prospect Resources has reported thick, high-grade copper intercepts beyond the existing resource at Nyungu Central, underscoring the deposit's growth potential within the Mumbezhi Copper Project in Zambia.

Galilee Energy’s Zydeco-1 well in Louisiana has intersected the Homeseeker B sand as predicted, revealing strong gas indications that were not factored into prior financial models. Drilling now advances toward the primary Tweedel Sand target, with electric logging due late July to assess commercial viability.

Condor Energy has completed a pivotal feasibility study for its Piedra Redonda gas discovery offshore Peru, confirming a conventional development approach and underpinning ongoing commercial and financing efforts.

Finder Energy is fast-tracking its Kuda Tasi & Jahal offshore development in Timor-Leste, aiming for first oil by late 2027 or early 2028 with strong production forecasts and secured funding.

D3 Energy has secured independent certification of maiden prospective resources for helium, hydrogen, and methane in its South Australian PEL121 permit, establishing a significant new critical gases footprint.

Invictus Energy has secured critical contracts and initiated rig mobilisation as it prepares to drill the high-impact Musuma-1 exploration well in Zimbabwe's Cabora Bassa Basin in H2 2026.

Prospect Resources has completed key diamond and aircore drilling at its Mumbezhi Copper Project, uncovering new copper mineralisation zones and progressing a Scoping Study on schedule.