Australia Oil And Gas

Jade Gas (ASX:JGH) signed a non-binding agreement to secure up to $1.1 billion in development funding for Red Lake.

Olympio Metals (ASX:OLY) has completed due diligence to acquire two critical mineral projects in Montana and Idaho.

Bass Oil (ASX:BAS) recorded net total sales revenue of $561,477 for the month of June as daily group oil production rose 3%.

Blue Star Helium (ASX:BNL) has sold and dispatched its first helium production tube trailer from the Pinon Canyon Plant.

Ampol (ASX:ALD) has closed a wholesale offering for a new $400 million delayed-draw subordinated notes facility.

The Australian offshore regulator has directed Inpex to hire independent experts to review mercury emissions at two facilities following toxic chemical incidents off the coast of Western Australia.

Unions schedule an eight-hour strike at BHP's (ASX:BHP) Port Hedland terminal on July 16 after wage negotiations break down.

Eastern Gas (ASX:EGA) commenced field operations at its 100%-owned Venus Project to evaluate a 130-petajoule gas resource.

Horizon Oil (ASX:HZN) completed its off-market takeover of Cue Energy Resources (ASX:CUE) to acquire a 57.03% controlling interest.

Woodside Energy (ASX:WDS) has taken over as the operator of the Gippsland Basin venture from ExxonMobil (NYSE:XOM).

Karoon Energy (ASX:KAR) has restarted production from the SPS‑92 well at the Baúna Project in Brazil after replacing the well’s electrical submersible pump, with SPS‑92 now producing about 8,600 barrels of oil per day and total Baúna output at roughly 20,500 bopd before natural decline.

Echelon Resources (ASX:ECH) has received approximately A$15.7 million from settling the sale of 139,885,879 shares in Cue Energy Resources (ASX:CUE) to Horizon Oil (ASX:HZN), under a pre‑bid agreement first announced in March 2026.

The sale forms part of Horizon’s off‑market takeover bid for Cue, which has now closed and left Horizon with a 57.06% relevant interest in Cue following completion of the pre‑bid acquisition and acceptances under its offer.