Latest Resources And Energy News

Strike Energy has secured all regulatory approvals to drill the Walyering West-1 well in the Perth Basin, aiming to unlock a prospective 46 PJ gas resource with drilling set to commence by mid-April 2026.

Big moves came from consumer fintech names as investors quickly re-priced growth, losses, and capital needs. A capital-raise week also split the market: some raisings steadied prices, others triggered fresh selling.

Conrad Asia Energy and Empyrean Energy have reached a binding settlement over historical cash call arrears in the Duyung Production Sharing Contract, involving asset transfers and payments that realign project interests and support the Mako gas field’s development timeline.

BKI Investment Company Limited reported a 10% rise in net profit after tax for the half year ended December 2025, alongside a modest dividend increase and a strategic portfolio rotation favouring resources and energy transition themes.

Clean TeQ Water has landed a $665,160 engineering contract with Sunrise Energy Metals to update key designs for the Syerston Scandium Project, supporting a crucial investment decision.

Elixir Energy has commenced drilling at the Lorelle-3 appraisal well in Queensland’s Taroom Trough, targeting significant gas resources with plans for advanced testing by mid-2026.

Evolution Energy Minerals has completed an extensive soil sampling program at its Chikundo Copper Project in Tanzania, setting the stage for a targeted drilling campaign in 2026.

AEMO forecasts a severe domestic gas shortage in Western Australia from 2028, spotlighting H3 Energy’s Warro gas field as a critical potential solution amid rising prices and technical hurdles.

Resources & Energy Group Limited (REZ) has requested an immediate voluntary suspension of its securities on the ASX as it prepares to announce a capital raising. The suspension is expected to lift by the start of trading on 16 December 2025 or upon the announcement release.

Dreadnought Resources reports an initial inferred resource of 1.17 million tonnes at the Orion deposit within its Tarraji-Yampi project, highlighting significant copper, gold, silver, and cobalt grades in a strategically important region of Western Australia.

Dreadnought Resources has reported impressive high-grade results from recent drilling at its Stinger target, part of the Mangaroon Project in Western Australia, highlighting significant rare earths, niobium, titanium, scandium, and phosphate mineralisation.

Australian Oil Company Limited has secured full control over key Sacramento Basin assets by acquiring Xstate USA Corporation, enhancing its exploration potential amid favorable regulatory shifts in California.