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

Noble Helium Stakes WA Footprint With Earth Source Hydrogen Acquisition
Noble Helium to acquire Earth Source Hydrogen, expanding WA footprint with ~40,000 sq km of helium prospects, boosting its global helium push.
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Pure One Corporation Records 25.4% Gas Readings from Drilling at Surat Basin Venus-2H Well
Pure One logs 25.4% gas at Venus-2H in Surat Basin, 60m from Venus-1; 1,000m horizontal section targets dewatering and flow testing.

Finder Energy Announces Maiden Reserves Classification at KTJ Project
Finder Energy reports 22.2 MMstb 2P KTJ reserves; FDP approved, FID near. Financing/regulatory hurdles remain; first production 2027/28.

Buru Energy Triples 2C Contingent Resources in Restart Review at Ungani Oil Field
Buru Energy lifts Ungani 2C contingent resources to 660,000 bbls (from 220,000), as it reviews a cheaper restart plan and micro-refinery options.

Amplitude Energy Delivers Record Full-Year Results as East Coast Supply Project Nears FID
Amplitude Energy posts record FY26 results as ECSP FID nears; higher gas volumes, pricing lift EBITDAX to a record, first gas targeted 2028.

Strike Energy Increases Walyering 2P Gas Reserves after West Discovery
Strike Energy boosts Walyering 2P gas reserves to 16.4 PJ after Walyering West discovery; FEED underway, FID targeted for Q4 2026.

Equus Energy Finalises 10-Year Alcoa Supply Deal for Offshore WA Gas Project
Equus Energy seals binding 10-year WA gas deal with Alcoa (EQU, ASX): ~50 TJ/d from start, ~182 PJ over term, underpinning FID and FEED funding.

Locality Planning Energy Expands into SE Australia with PowerHub Acquisition
Locality Planning Energy to acquire PowerHub for up to $5.803m, expanding into Tasmania and SA; adds 30 active sites and 4,642 SPs, plus 46-site pipeline.

Elixir Energy Launches Strategic Review with Fresh Placement Funding
Elixir Energy launches strategic review after securing a $5m placement to fund Taroom Trough testing and potential commercialisation.

Red Sky Energy Nears Yarrow Spud as Three-Well Campaign Progresses
Red Sky set to spud Yarrow 4/5 as part of three-well Innamincka Dome campaign; Santos-led program kicks off late Aug 2026; 20% stake, plus Willowie 2 appraisal.

TMK Energy Lifts Gurvantes Gas Production as 2026 Work Program Nears
TMK Energy lifts Gurvantes gas output as 2026 work program nears; July avg 778 m3/d, rising to 800+, with Gas-to-Power project due to start this year.

Cue Energy 2P Reserves Fall As Portfolio Review Flags Impairment
Cue Energy 2P reserves fall to 4.5MMboe as portfolio review flags up to $5m impairment; new Mahato drilling and Mereenie gas prospect.