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

Buru Energy Secures $5.3M Placement to Fund Rafael Gas Project with Enhanced Economics
Buru Energy raises A$5.3M via two-tranche placement to fund Rafael gas project; says optimisations lift pre-tax cash flow 20-47% and IRR to 42-80%.
Latest Stories

Bass Oil Mobilises Drilling Rig for Bunian 6 Well, Targeting 750 bopd Production
Bass Oil mobilises rig for Bunian 6 in Indonesia, targeting 750 bopd total; Bass share ~410 bopd as May–June 2026 production starts.

ADX Energy Eyes Near-Term Drilling Catalyst with HOCH-1 Shallow Gas Well Mobilisation Underway
ADX Energy mobilises HOCH-1 shallow gas well in Austria; spud Apr 16, 2026; first of three 2026 wells; ~8.0 BCF mean resources; near-term catalyst.

Central Petroleum Signs Major Gas Deal for Palm Valley Expansion
Central Petroleum signs multi-year gas deal with NT Government powering Palm Valley expansion; 21 PJ to 2034, ~40% output boost; first gas by H2 2026.

Invictus Energy Finalises Key EIA Renewal Paving Way for Musuma-1 and Mukuyu Programs
Invictus Energy secures EIA renewal for Cabora Bassa to Mar 2027; PPSA expected in April, unlocking Musuma-1 and Mukuyu drills and Zimbabwe appraisal.

Finder Energy Inks Non-Binding Rig-Sharing LOI with SundaGas Offshore Timor-Leste
Finder Energy signs rig-sharing LOI with SundaGas for Timor-Leste drilling, boosting KTJ milestones ahead of mid-2026 FID and 2027 first oil.

Grand Gulf Energy Taps High Helium Prices for Project Strategy Update
Grand Gulf Energy updates Utah's Red Helium Project as surging helium prices from Qatar disruptions prompt a potential third well.

Beetaloo Energy Australia Receives $15.4m Tax Offset as Carpentaria Project Advances
Beetaloo Energy nets $15.4m R&D tax refund, strengthening balance sheet as Carpentaria pilot nears 2026 gas production and NT sales.

Vintage Energy Terminates Odin/Vali Field Acquisition Deal with Metgasco
Vintage Energy ends Metgasco Odin/Vali deal; Metgasco to repay $255k. Company pivots to recapitalisation via a $2.1m entitlement offer, Odin-3/Vali-4 prep.

Jade Gas Raises A$1.8M to Advance Mongolia's First Gas Operation
Jade Gas raises A$1.8M to fast-track Mongolia's Red Lake gas project, targeting maiden gas reserve booking and production license submission.

1414 Degrees Secures $2.69 Million Placement to Fund Aurora and SiNTL Milestones
1414 Degrees raises A$2.69m via discounted placement to push Aurora Energy Precinct and SiNTL milestones, targeting full Aurora ownership and BESS progress.

Finder Energy Advancing to FID after Securing KTJ Project Development Area Approval
Finder Energy advances toward FID as ANP approves KTJ Development Area, unlocking 25-year tenure; FEED done, TIMOR GAP to fund 50% of capex; first oil 2027.