Latest Natural Gas News

5E Advanced Materials has released a robust Preliminary Feasibility Study for its Fort Cady Project in California, highlighting a 39.5-year mine life and strong economics with a pre-tax NPV7 of US$724.8 million and a 19.2% IRR.

D3 Energy’s latest re-test of the RBD10 well in South Africa’s ER315 permit shows a remarkable 38% increase in gas flow, underscoring unique reservoir dynamics that could lower development costs.

Genesis Energy, alongside Mercury, Meridian, and Contact, has inked 10-year agreements to fortify New Zealand’s energy security through Huntly Power Station capacity and fuel reserves. This strategic move aims to prevent supply crunches like those experienced in winter 2024.

Botala Energy has successfully brought new wells online at its Serowe Coal Bed Methane project, significantly boosting reservoir pressure and advancing its LNG development plans. The company also completed Phase 1 of its Bankable Feasibility Study and raised A$1.25 million to fund ongoing exploration and engineering.

State Gas Limited has successfully drilled two new wells at its Rolleston West Project, intersecting significant coal seams and initiating production testing, while engaging NSAI for independent reserve certification.

Pure Hydrogen reports a second consecutive quarter of positive cash flow, expands its international hydrogen vehicle footprint, and secures a 15-year gas project permit in Queensland.

Delorean Corporation has marked significant progress in Q4 FY2025, advancing its renewable gas infrastructure and securing crucial regulatory support that could unlock new revenue streams.

Prominence Energy has made a bold strategic move into the natural hydrogen and helium sector by agreeing to acquire a vast exploration portfolio in South Australia’s Gawler Craton, backed by a $1.75 million capital raise.

Galilee Energy reported operational cost reductions and a $2.8 million cash balance following a partial capital raise, while progressing a farm-out process for its Denison Trough permit.

Blue Star Helium has completed flow testing at its Mula well in Colorado, revealing robust gas flow rates and a helium concentration above regional norms, bolstering the asset’s commercial promise.

Conrad Asia Energy has advanced its position in Indonesia’s natural gas sector with a major gas sales agreement and increased ownership in the Duyung PSC. The company also completed a A$9 million capital raise to fund upcoming development milestones.

Po Valley Energy reports steady gas production from its Podere Maiar-1 field and progresses permitting for new wells in Italy, supported by robust cash reserves and ongoing stakeholder engagement.