Latest Oil And Gas Exploration News

Page 6 of 12
Strike Energy reported a solid $18.8 million operating cash inflow for the June 2025 quarter, supported by $76.2 million in total available funding, positioning the company well for ongoing project development.
Maxwell Dee
Maxwell Dee
30 July 2025
Triangle Energy’s June quarter report reveals a strategic pivot as key JV partners exit, the Cliff Head assets transition to carbon capture, and promising exploration prospects remain in focus.
Maxwell Dee
Maxwell Dee
29 July 2025
Icon Energy Limited reported a stable cash position of $431,414 at the end of June 2025, with no exploration activity during the quarter as it awaits final approval of Petroleum Lease PL-1144. The company plans to pursue joint venture partnerships once the lease is granted.
Maxwell Dee
Maxwell Dee
29 July 2025
Lion Energy Limited reported a net cash outflow in Q2 2025 but maintains a solid cash position of AUD 2.13 million alongside a convertible note facility, signaling cautious optimism for its exploration activities.
Maxwell Dee
Maxwell Dee
29 July 2025
Rey Resources reports continued exploration progress in Western Australia's Canning Basin alongside a stable financial footing supported by substantial shareholder loans.
Maxwell Dee
Maxwell Dee
29 July 2025
Condor Energy’s maiden independent resource estimate confirms a multibillion barrel prospective oil resource offshore Peru, supported by enhanced seismic data and ongoing gas commercialisation studies.
Maxwell Dee
Maxwell Dee
29 July 2025
NuEnergy Gas Limited reports a mixed quarter with ongoing exploration costs and a strategic push towards early gas sales, while actively seeking new funding to sustain operations.
Maxwell Dee
Maxwell Dee
28 July 2025
Invictus Energy is preparing to drill the high-impact Musuma-1 exploration well outside its Mukuyu discovery area, while securing National Project Status for its Cabora Bassa Project in Zimbabwe.
Maxwell Dee
Maxwell Dee
25 July 2025
Key Petroleum has moved its eight Potential Commercial Area applications into formal government evaluation, aiming to secure long-term tenure in Queensland’s Cooper-Eromanga Basin. Meanwhile, the company raised A$129,000 through an entitlement offer and is exploring international growth opportunities.
Maxwell Dee
Maxwell Dee
25 July 2025
IPB Petroleum has secured a crucial two-year extension on its WA-424-P permit in the Browse Basin, allowing more time to progress the Gwydion oil discovery and explore the Idris prospect. The company is actively pursuing partnerships and funding to unlock value from these assets.
Maxwell Dee
Maxwell Dee
24 July 2025
Xstate Resources has pushed back the closing date of its public offer to early August, setting the stage for a potential ASX re-listing by late August following key approvals and asset acquisition.
Maxwell Dee
Maxwell Dee
24 July 2025
D3 Energy has achieved a significant milestone with its maiden certified methane and helium reserves at ER315 in South Africa, enabling an early submission of its Production Right application. The reserves cover a small portion of the acreage but signal substantial upside potential.
Maxwell Dee
Maxwell Dee
24 July 2025