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

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.
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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.

Forte Energy Completes Acquisition of Large Oil Lease Position in Alaska
Forte Energy clinches 143,368-acre Alaska NPR-A lease position; 2026 suspension cuts ~$430k fees, fueling farmouts as Harrier targets >1B barrels.

NH3 Commences Flora and Vegetation Surveys After Receiving FEED Proposals for WAH2 Clean Ammonia Project
NH3 Clean Energy (ASX: NH3) hits FEED bids for WAH2 clean ammonia; flora survey underway as it targets FEED mid-year and FID by year-end, production 2H 2029.

Amplitude Energy Commences Gas Flow Testing at Isabella Prospect
Amplitude Energy kicks off Isabella flow testing after ST-1 gas hit; two weeks to prove commercial viability, shaping ECSP progress and EnergyAustralia GSA.

Vintage Energy Extends PURE Loan Facility to Support Southern Flank Reinvigoration
Vintage Energy extends $10m PURE loan to Jan 2028, enabling Odin-3 and Vali-4 drilling with $5m SA grant; potential early $3m repayment, cash covenant eased.

Conrad Asia Energy Gets Green Light for Development of Mako Gas Project
Conrad Asia Energy secures FID for US$320m Mako gas project in Indonesia; first gas targeted by end-2027, fully funded with long-term PLN contract.

Omega Oil & Gas Secures H&P Rig for Expanded Taroom Trough Drill Program
Omega Oil & Gas (ASX:OMA) lands premium Helmerich & Payne FlexRig 648 for a fully funded Taroom Trough drill campaign in 2026/27, with mid-2026 results.

Jade Gas Concludes Appraisal Program, Eyes Maiden Reserve Booking
Jade Gas ends TTCBM appraisal in Mongolia, submits Red Lake report and eyes maiden gas reserve booking within a week to unlock PDO and LNG plans.

TMK Energy Surpasses Production Milestone at Gurvantes XXXV CSG Project
TMK Energy surpasses 25,000 scfd at Gurvantes XXXV CSG project, led by LF-07, with desorption signs hinting at near-term expansion and funding talks.

Bass Oil Awarded $3.5m SA Government Grant for Kiwi Gas Project
Bass Oil (ASX: BAS) awarded $3.5m SA government grant for Kiwi liquids-rich gas project; pipeline to Cooper Basin; online by end-2028.