Latest Unconventional Hydrocarbons News

Omega Oil & Gas has kicked off its fully funded 2026/27 drilling program in Queensland’s Taroom Trough, aiming to unlock significant oil and gas volumes with a multi-well campaign focused on the basin’s eastern flank.

Beetaloo Energy has bolstered its financial footing with a $66.3 million equity placement and a $15.4 million R&D tax refund, underpinning key developments at the Carpentaria Gas Plant and local frac sand project.

Beetaloo Energy has secured crucial Federal Ministerial approval to sell appraisal gas from its EP187 exploration project, moving closer to final Northern Territory Government endorsement.

Bass Oil Limited has announced a $3.1 million rights issue to fund key projects including recommissioning a gas facility in Australia and drilling an oil well in Indonesia, aiming to significantly increase production and cash flow.