Latest Gas Reserves News

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Comet Ridge Limited is set to acquire Santos’s 42.86% stake in the Mahalo Gas Project, consolidating full ownership and operator status. This move significantly increases the company’s gas reserves and positions it to better serve the east coast domestic gas market.
Maxwell Dee
Maxwell Dee
17 Dec 2025
3D Energi has raised $14.5 million through a well-supported placement to fund critical drilling and testing activities in the Otway Basin, aiming to unlock new gas reserves for Australia's East Coast market.
Maxwell Dee
Maxwell Dee
16 Dec 2025
Central Petroleum has signed a binding Letter of Intent with Northern Territory's Power and Water Corporation to fast-track drilling of four wells and establish long-term gas supply agreements through 2034.
Maxwell Dee
Maxwell Dee
15 Dec 2025
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.
Maxwell Dee
Maxwell Dee
11 Dec 2025
Bass Oil has signed a binding three-year gas sales agreement with Origin Energy for supply from the Vanessa Gas Project, marking a strategic entry into the East Coast Gas Market starting in 2026.
Maxwell Dee
Maxwell Dee
8 Dec 2025
QPM Energy Limited has announced a $30 million equity raise to support the development of its Isaac Power Station, advancing toward a final investment decision in March 2026 and commissioning by mid-2027. The funding package, complemented by a $113.7 million lease agreement and a $40 million convertible note, underpins a project poised to strengthen Queensland’s energy transition.
Maxwell Dee
Maxwell Dee
3 Dec 2025
State Gas Limited has independently certified a maiden 2P gas reserve of 30.2 petajoules at its Rolleston West Project, establishing a solid foundation for a pipeline-connected gas development aimed at the east coast market.
Maxwell Dee
Maxwell Dee
20 Nov 2025
Bass Oil Limited reported a 32% jump in October sales revenue alongside a 4% rise in daily production, while advancing its strategic Vanessa gas field acquisition targeting first gas sales in the second half of 2026.
Maxwell Dee
Maxwell Dee
19 Nov 2025
Vintage Energy has signed a conditional agreement to acquire Metgasco’s 25% stakes in key Southern Flank gas joint ventures and is considering acquiring Bridgeport’s stakes, aiming to accelerate development of the Vali and Odin gas fields.
Maxwell Dee
Maxwell Dee
18 Nov 2025
Vintage Energy has signed a conditional agreement to acquire Metgasco's 25% interest in key Southern Flank gas joint ventures, aiming to accelerate production and value creation from the Vali and Odin fields.
Maxwell Dee
Maxwell Dee
18 Nov 2025
Kinetiko Energy has raised $3.15 million through a placement led by key South African and Australian investors to fast-track its Project Alpha gas development in South Africa. The capital injection supports drilling and exploration activities aimed at expanding the company’s resource base.
Maxwell Dee
Maxwell Dee
12 Nov 2025
Red Sky Energy is on track to more than double its gas production at the Innamincka Dome with the imminent completion of the Yarrow 1 well, promising a significant boost to near-term cash flow.
Maxwell Dee
Maxwell Dee
7 Nov 2025