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

Synertec Selected by Amplitude Energy for Orbost Gas Plant Power Optimisation Project
Synertec named preferred proponent for Amplitude Energy's Orbost gas plant power optimisation FEED, featuring 2MW solar and 5MWh storage; potential $4.5-5.5m.
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Finder Energy Secures Development Approval for KTJ Oil Fields
Finder Energy secures KTJ field development approval in Timor-Leste, de-risking FID; first oil targeted late 2027–early 2028.

Invictus Energy Advances Musuma-1 Drilling Preparations in Zimbabwe
Invictus Energy advances Musuma-1 drilling prep in Zimbabwe as contracts awarded and Rig 202 mobilised; long-lead gear secured, spud eyed for H2 2026 (IVZ).

ADX Energy Reports Gas Hit at HOCH-1 as Wireline Logging Becomes Next Test
ADX Energy reports gas-filled sands at HOCH-1 in Upper Austria; wireline logging next to confirm reservoir quality and commercial viability.

Lakes Blue Energy Outlines $605m Wombat Gas Project Development Case
Lakes Blue Energy eyes $605m NPV for Wombat gas as Victorian govt talks; 1.4-year payback, first gas 2029, IRR 58%, boosts domestic gas security.

Altech Batteries Extends CERENERGY Grant Deadline Following WA Land Sale
Altech Batteries extends CERENERGY financial close deadline to Sept 30; Germany’s up to €46.7m funding; WA land sale boosts working capital.

Galilee Energy Readies Zydeco-1 Gas-Condensate Well for First-Week July Spud
Galilee Energy readies Zydeco-1 spud in Louisiana for early July; RFC 103 on-site as pre-spud finishes. Potential 13.7bcf gas and 610k bbl condensate target.

Po Valley Energy files EIA for four-well Selva Malvezzi drilling program
Po Valley Energy lodges EIA for four-well Selva Malvezzi plan, targeting a 2027 start near Podere Maiar 1 - boosting Italy gas hub development.

Elixir Energy Completes Fracture Stimulation Program at Lorelle-3H Appraisal Well
Elixir Energy completes 12-stage fracture stimulation at Lorelle-3H; flow-back and 30-day gas-condensate production test to gauge commercial potential.

Li-S Energy Ships First Commercial Lithium Foil Order following QMS Certification
Li-S Energy ships its first Australian-made lithium foil order after ISO 9001:2015 certification, opening a new domestic revenue stream for LIS.

Brookside Energy Advances Suttles Pad Facilities Ahead of Rig Mobilisation
Brookside Energy nears Suttles pad completion ahead of two-well Sabres and Whalers program in SWISH AOI; power, gas takeaway advancing as Rig 18 readies.

Carnarvon Energy Upgrades Bedout Basin Prospective Resource Inventory
Carnarvon Energy lifts Bedout Basin resources 92% to 6,256 mmboe gross (1,021 mmboe net) after Mega-Merge; 17.5 tcf gas & 3.1 Bbbl oil; drilling planned 2027.