Energy
Latest news, analysis, and insights from ASX energy companies
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.
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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.
ADX Energy Reports Positive Gas Flow Rates from Drill Testing of HOCH-1 Well
ADX Energy reports clean-up flow from HOCH-1 Zone 1 at 2.8 MMcf/d (467 boe/d); two-phase testing targets Hall formations, low-cost development.
Vintage Energy Receives $5m in Government Grants to Drill Odin-3 and Vali-4 Gas Wells
Vintage Energy secures $5m SA government grants to drill Odin-3 and Vali-4, boosting Cooper Basin gas output and SA energy security (ASX: VEN).
Beetaloo Energy Flags Mid-June C-5H Test As Carpentaria Pilot Nears Commissioning
Beetaloo Energy eyes mid-June Carpentaria-5H test as Carpentaria Pilot nears commissioning; site nearly complete and gas plant installation ongoing.