Otto Energy plans $20M capital return
Otto Energy (ASX:OEL) plans to return approximately $20 million to shareholders alongside a 100:1 share consolidation.
Otto Energy (ASX:OEL) plans to return approximately $20 million to shareholders alongside a 100:1 share consolidation.
Karoon Energy (ASX:KAR) lowered its 2026 production guidance after shutting down its SPS-92 well in Brazil.
Bannerman Energy (ASX:BMN) has satisfied all key conditions precedent to complete its US$321.5 million strategic financing deal with CNNC Overseas.
Botala Energy (ASX:BTE) has recorded continuous gas flow for over four days at its Serowe Coal Bed Methane Project.
Brookside Energy (ASX:BRK) has commenced completion operations on its Sabres and Whalers wells in Oklahoma.
GenusPlus Group (ASX:GNP) secured a design and construct contract valued at approximately $135 million from Atmos Renewables.
Vulcan Energy Resources (ASX:VUL) commenced commercial-scale production of its proprietary VULSORB lithium extraction material.
ConocoPhillips (NYSE:COP) announced its intention to acquire the remaining 20% stake in exploration permit VIC/P79 off the Victorian coast from 3D Energi (ASX:TDO) for US$19.8 million.
Aware Super linked with renewables developer Birdwood Energy and the Victorian State Electricity Commission to build the state’s longest-duration battery.
Equus Energy (ASX:EQU) secured another $2.1 million from Alcoa (NYSE:AA) to help progress its gas development project off Western Australia.
AXP Energy (ASX:AXP) recorded a production rate of approximately 55 barrels of oil equivalent per day during a controlled 10-day flow test at its Charlie #1 well.
Victorian Premier Ben Carroll ordered an immediate cost assessment of the 190-kilometre Western Renewables Link Project.
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