Energy
Latest news, analysis, and insights from ASX energy companies

Grand Gulf Energy Taps High Helium Prices for Project Strategy Update
Grand Gulf Energy updates Utah's Red Helium Project as surging helium prices from Qatar disruptions prompt a potential third well.
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Beetaloo Energy Australia Receives $15.4m Tax Offset as Carpentaria Project Advances
Beetaloo Energy nets $15.4m R&D tax refund, strengthening balance sheet as Carpentaria pilot nears 2026 gas production and NT sales.

Vintage Energy Terminates Odin/Vali Field Acquisition Deal with Metgasco
Vintage Energy ends Metgasco Odin/Vali deal; Metgasco to repay $255k. Company pivots to recapitalisation via a $2.1m entitlement offer, Odin-3/Vali-4 prep.

Jade Gas Raises A$1.8M to Advance Mongolia's First Gas Operation
Jade Gas raises A$1.8M to fast-track Mongolia's Red Lake gas project, targeting maiden gas reserve booking and production license submission.

1414 Degrees Secures $2.69 Million Placement to Fund Aurora and SiNTL Milestones
1414 Degrees raises A$2.69m via discounted placement to push Aurora Energy Precinct and SiNTL milestones, targeting full Aurora ownership and BESS progress.

Finder Energy Advancing to FID after Securing KTJ Project Development Area Approval
Finder Energy advances toward FID as ANP approves KTJ Development Area, unlocking 25-year tenure; FEED done, TIMOR GAP to fund 50% of capex; first oil 2027.

Blue Star Helium Transitions to 24/7 Operations at Galactica after Stage 1 Completion
Blue Star Helium completes Stage 1 Galactica, shifts Pinon Canyon to 24/7 ops with six wells; spot helium sales underway as trading halt flags capital raise.

Botala Energy's Pitse Well Test Boosts Confidence in Multi-Seam Gas Potential at Serowe
Botala Energy's Serowe CBM S3.3 pilot confirms Upper Morupule gas potential with free gas and strong injectivity, de-risking path to S3.5B.

Bass Oil Secures Bunian 6 Drilling Approval, Targeting Substantial Production Boost
Bass Oil secures Bunian 6 drilling approval, targeting +500 bopd by mid-2026; $3m raise funds project ahead of May 2026 rig mobilisation.

Pancontinental Energy Secures 12-Month Extension for PEL 87 Offshore Namibia
Pancontinental Energy gains 12-month Namibia PEL 87 extension to Jan 2027; drilling hinges on securing a farm-in partner and meeting work-program commitments.

Strike Energy Boosts West Erregulla Reserves by 19% on Independent Audit
Strike Energy lifts West Erregulla 2P reserves 19% to 251 PJ after independent audit (Miller & Lents), boosting WA gas prospects ahead of 2029 first gas.

Vintage Energy Raising $2.1m to Install Permanent Gas Connection at Odin Field
Vintage Energy raises $2.1m to install a permanent Odin gas connection, fast-tracking supply to Pelican Point; 1-for-4 entitlement offer, $0.04 share price.