Latest Surat Bowen Basin News

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Xstate Resources has secured $3.82 million through a two-tranche capital raising to advance appraisal and production testing at its Diona-1 well in Queensland, positioning the company for critical flow testing and further exploration.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Xstate Resources has significantly upgraded its Prospective Resource estimate for the Diona Block in Queensland, revealing substantial Basin Centred Gas potential that could reshape the project’s outlook.
Maxwell Dee
Maxwell Dee
27 Oct 2025
Xstate Resources has confirmed 23 meters of net gas pay across three Permian sandstone zones in its Diona-1 well, setting the stage for upcoming flow testing that could redefine resource estimates.
Maxwell Dee
Maxwell Dee
14 Oct 2025
Elixir Energy has confirmed 23 meters of net gas pay across three Permian formations at its Diona-1 well in Queensland, setting the stage for flow testing and potential near-term gas production.
Maxwell Dee
Maxwell Dee
14 Oct 2025
Xstate Resources reports a significant overpressured gas column at its Diona-1 well in Queensland, hinting at a potentially large unconventional gas resource. Drilling continues with further data acquisition pending.
Maxwell Dee
Maxwell Dee
8 Oct 2025
Xstate Resources reports steady progress on its Diona-1 well in Queensland, confirming its majority ownership of ATP 2077 and targeting multiple proven gas reservoirs with promising potential.
Maxwell Dee
Maxwell Dee
2 Oct 2025
Xstate Resources has commenced drilling the Diona-1 well in Queensland’s Surat-Bowen Basin, aiming at three proven hydrocarbon formations with promising resource potential and a rapid path to market.
Maxwell Dee
Maxwell Dee
29 Sept 2025
Elixir Energy has commenced drilling the Diona-1 conventional gas-oil exploration well in Queensland’s Surat-Bowen Basin, aiming to unlock new production potential and secure long-term asset retention.
Maxwell Dee
Maxwell Dee
29 Sept 2025
Xstate Resources has commenced drilling operations at its Diona-1 well in Queensland, targeting promising gas reservoirs with a rapid path to market.
Maxwell Dee
Maxwell Dee
25 Sept 2025
Xstate Resources has completed well pad construction for its Diona-1 well in Queensland’s Surat-Bowen Basin and is poised to begin drilling with a 51% interest in ATP 2077.
Maxwell Dee
Maxwell Dee
16 Sept 2025
Xstate Resources has formalized its drilling plans for the Diona-1 well in Queensland’s Surat-Bowen Basin, with rig mobilization scheduled for late September and early drilling results expected by October.
Maxwell Dee
Maxwell Dee
15 Sept 2025
Synertec Corporation has secured another order from Santos Limited for its Powerhouse renewable microgrid system at a remote Queensland gas site, reinforcing its role in decarbonising industrial energy supply.
Maxwell Dee
Maxwell Dee
1 Sept 2025

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