Energy
Latest news, analysis, and insights from ASX energy companies
88 Energy Completes South Prudhoe Farm-Out Ahead of Augusta-1 Drilling
88 Energy secures up to US$10.9m from WAO for South Prudhoe, funding Augusta-1 ahead of planned 2027 Alaska drilling.
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Macallum New Energy Lines Up $3m Placement For Perth Basin Drilling
Macallum New Energy secures $3m placement to advance Perth Basin exploration and prepare for late-2027 drilling, as farm-out talks gather pace.
H3 Energy Identifies Deeper Gas Leads Beneath Warro Field
H3 Energy has identified deeper gas leads beneath WA’s Warro field, potentially testable via existing wells at lower cost.
Condor Energy Advances Piedra Redonda Gas Development with Peru Licence Milestone
Condor Energy clears a Peru licence hurdle, qualifying for Block Z-72 talks as a study outlines development options for its 1 Tcf gas field.
Elixir Energy Signs Farm-Out Deal with Beach Energy for Taroom Trough Gas Portfolio
Elixir Energy lands a $205m farm-out with Beach Energy, securing $25m cash and a $180m funded gas appraisal program in Queensland’s Taroom Trough.
Karoon Energy Doubles Quarterly Production on Baúna Output Recovery
Karoon Energy more than doubled quarterly production to 2.27MMboe as Baúna recovered and Who Dat output grew, lifting revenue 64%.
Frontier Energy Assigned Higher Reserve Capacity Credits for Waroona Project Stage One
Frontier Energy’s Waroona Stage One secures 99MW in reserve credits, lifting annual capacity payments to $36m and boosting project forecasts.
Gold Hydrogen Completes Appraisal Flow Testing of Onshore Wells at Ramsay Helium Project
Gold Hydrogen completes Ramsay 3 helium testing, achieving record 14,000bbl/day fluid rates and helium concentrations of up to 12.6%.
Jade Gas Testing New Multi-Lateral Completion Design in Third Production Well at Red Lake
Jade Gas starts drilling its third Red Lake well to test a five-lateral design aimed at boosting gas flows, as $1.1bn funding talks advance.
Invictus Energy Moves Closer to Planned Spudding of Musuma-1 Exploration Well
Invictus Energy moves Rig 202 to Musuma-1, advancing preparations to spud a high-impact Zimbabwe exploration well in November.
Vulcan Energy Validates Lionheart Reinjection Plan with Strong Well Test
Vulcan Energy’s Lionheart well test supports 64L/s reinjection capacity, topping its 40L/s assumption and de-risking its lithium project.
Locality Planning Energy Holdings Targets Contracted Growth after Return to Profit
Locality Planning Energy returned to profit with $2.31m FY26 earnings as PowerHub and new contracts expanded its potential pipeline to 49,972 service points.