Latest Santos News

Beetaloo Energy has completed the largest hydraulic fracture stimulation in Australian history at its Carpentaria-5H well, advancing its pilot project and gas plant construction amid pending regulatory approvals.

Red Sky Energy has completed the installation of the surface conductor at its Killanoola Oil Field, marking a significant step forward as it awaits final drilling program approval. The project’s substantial oil reserves and ongoing offtake discussions position it for potential near-term production growth.

Bass Oil Limited reported a 3% rise in September oil production, driven by a 20% uplift in Indonesian output, while awaiting regulatory approval for a strategic gas field acquisition.

Red Sky Energy has mobilised drilling equipment to the KN2 well site at Killanoola, with regulatory approvals advancing smoothly and drilling expected to begin soon.

Santos Limited reported robust Q3 2025 results, highlighted by the Barossa LNG project commencing production and Pikka phase 1 nearing first oil. The company’s diversified portfolio and operational discipline underpin a confident outlook despite some operational delays.

Capstone Copper has struck a strategic deal with Orion Resource Partners, unlocking up to $360 million for a 25% stake in its Santo Domingo and Sierra Norte projects, accelerating development in Chile’s Atacama region.

Bass Oil Limited reported a 20% increase in August sales revenue alongside a 3.5% rise in daily production, while progressing regulatory approval for its strategic Vanessa gas field acquisition.

The XRG Consortium has withdrawn its indicative proposal to acquire Santos Limited, highlighting unresolved regulatory and risk allocation issues. Santos remains confident in its growth strategy, driven by key projects set to boost production and shareholder returns.

Bridgeport Energy reports stable petroleum reserves of 4.1 million barrels of oil equivalent and 4.9 million barrels of contingent resources as of July 2025, underpinning its ongoing production and future gas development plans.

Red Sky Energy has secured regulatory approval to build the KN2 well site at its Killanoola Oil Project, setting the stage for drilling a promising new target that could boost production and revenues.

Synertec Corporation Limited reported a striking 90% increase in Powerhouse Technology revenue and a 186% jump in engineering EBITDA for FY25, underpinned by key panel appointments and sustained fossil fuel-free power delivery.

Enova Mining has completed its first systematic geochemical sampling at the Santo Antônio do Jacinto project in Brazil, marking a significant step in exploring rare earth elements in a promising greenfield area. Assay results are expected by the end of September, setting the stage for targeted follow-up exploration.