Latest Oil And Gas News

Metgasco’s latest quarterly report reveals a 24% drop in sales revenue amid ongoing Production Uplift Program activities, while reserves remain stable and strategic farm-out talks advance.

Emperor Energy has secured a significant resource upgrade for its Judith Gas Field and raised $3.7 million to progress the Judith-2 appraisal well, targeting commercial gas supply in a tightening East Coast market.

Central Petroleum reported a slight dip in sales volumes and revenue for the September quarter, offset by a significant reserves upgrade and a new long-term gas supply agreement that promises cash flow stability.

ASF Group Limited reported a solid cash position of $2.44 million as of September 2025, driven by strategic investment moves and technology development, while extending its share buyback program.

Xstate Resources has secured $3.82 million through a two-tranche capital raising to advance appraisal and production testing at its Diona-1 well in Queensland, positioning the company for critical flow testing and further exploration.

Top End Energy has unveiled a significant prospective hydrogen resource in Kansas and strengthened its U.S. market presence with new OTCQB listings, while advancing strategic discussions in Australia’s Beetaloo Basin.

Intelligent Monitoring Group reports a modest Q1 cash inflow amid restructuring and acquisitions, with a growing $45.2 million pipeline and promising prospects for its ADT Guard live video monitoring service.

Brookside Energy reported solid production growth and financial gains in Q3 2025, driven by the Bruins well's full-quarter output and a strategic new area of interest in the Anadarko Basin. The company also initiated a share buy-back and advanced plans for a US listing.

BPH Energy’s September quarter report highlights pivotal developments across its investees, from a critical judicial review in offshore petroleum to breakthroughs in AI medical devices and clean hydrogen production.

Titomic Limited has launched a major European manufacturing hub and a UK subsidiary, secured a $50 million capital raise, and forged strategic partnerships to advance its cold spray additive manufacturing technology.

Lion Energy Limited reports strategic progress on its East Seram drilling plans and limits spending on its Port of Brisbane Green Hydrogen Project pending government funding, while divesting a stake in the Seram Non-Bula PSC to reduce exposure.

Ava Risk Group reported a 5% revenue increase in FY2025, driven by its Detect segment and a strong sales backlog. The company targets over 20% revenue growth in FY2026, supported by its Aura Ai-X fibre optic sensing technology and strategic global partnerships.