Latest Gas Exploration News

3D Energi has commenced drilling the Charlemont-1 gas exploration well offshore Victoria, targeting a substantial 93 billion cubic feet of gas with promising geological indicators. This marks a key step in the Otway Exploration Drilling Program aimed at bolstering East Coast gas supplies.

Finder Energy is rapidly advancing its KTJ oil development project with the strategic acquisition of the Petrojarl I FPSO and key partnerships, targeting a Final Investment Decision by mid-2026.

Australian Oil Company Limited has signed binding agreements to acquire strategic oil and gas assets in Queensland's Surat Basin, positioning itself for production growth and exploration opportunities.

Pilot Energy is progressing its farmout process for the WA-481-P offshore gas project, eyeing early drilling at the Leander Gas Prospect before a delayed 3D seismic survey. The company targets first gas production by 2030 leveraging existing infrastructure.

TMK Energy has set new daily gas production records at its Gurvantes XXXV Coal Seam Gas Project, with November averages rising 18% over October and further gains in December. The company also completed its 2025 exploration program, confirming promising coal seam extensions.

Finder Energy has successfully raised nearly $20 million through the first tranche of its share placement, with a second tranche pending shareholder approval early next year.

Winchester Energy Limited has amended its recent placement announcement, confirming a raise of $350,000 through the issuance of 350 million shares, up from the initially stated $300,000.

Eastern Gas Corporation Limited, a Pure One subsidiary, has lodged a prospectus to raise $5.5 million to advance exploration and development of its Queensland gas assets, aiming for a standalone ASX listing.

QPM Energy Limited has voluntarily suspended its ASX securities pending a significant announcement on a strategic investment and capital raising, expected by December 4, 2025.

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.

MEC Resources Ltd has announced a placement of over 359 million new options to raise approximately $359,000, with directors participating to offset fees. The offer comes as the company navigates ongoing legal challenges related to its key PEP-11 permit.

Galilee Energy Limited has been reinstated to trading on the ASX following the announcement of a significant capital raising and acquisition, signaling a pivotal moment for the energy explorer.