Energy
Latest news, analysis, and insights from ASX energy companies
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.
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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.
Invictus Energy Locks in Exalo Rig for November Spudding of Musuma-1 Well
Invictus Energy locks Exalo rig for Musuma-1 spud in Nov 2026, targeting ~1.2 Tcf gas and 73m bbl condensate; full execution phase underway in Zimbabwe.
Australian Vanadium to Team with Alcoa on Long-Duration Battery Study
Australian Vanadium teams with Alcoa on a 50-80 MW vanadium flow battery study for WA refinery; 6-8 h storage, 18-month non-binding MoU.