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Country summary: Australia

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Australia - recent news

03 Apr 26
Australia: Tamboran announces farmout of Pilot Area and BCDA acreage for significant premium in acreage value
Under the Farm-in Agreement, Tamboran will farm down approximately 10,000 acres of its working interest across the Shenandoah North Pilot Area and the Shenandoah South Pilot Area (collectively the Pilot Area) and the Beetaloo Central Development Area (BCDA) to Daly Waters Energy (DWE).
31 Mar 26
Australia: Santos steps up to help team Australia keep critical fuels flowing
The closure of the Strait of Hormuz in the Middle East means over 20 per cent of global seaborne oil trade and over 20 per cent of global Liquefied Natural Gas (LNG) trade is now constrained. Santos is taking proactive steps to support Australia’s fuel security and assist domestic refiners during this period of heightened global uncertainty.
30 Mar 26
Australia: Jadestone Energy provides Stag field update
AIM-listed Jadestone Energy, an independent upstream production and development company focused on the Asia-Pacific region, has provided an update in relation to the impact of Cyclone Narelle on the Stag field offshore Australia.
29 Mar 26
Australia: INPEX farms in to prospective acreage in Beetaloo Sub-basin
INPEX has announced that through its Australian subsidiary it has entered into a farm-in agreement with Daly Waters Energy, a wholly owned subsidiary of Formentera Partners, to acquire an 11.25 percent participating interest in the First Strategic Development Area (FSDA) North and FSDA South, and a 20 percent participating interest in the Beetaloo Central Development (BCD) acreage in the onshore Beetaloo Sub-basin, located in the Northern Territory of Australia.
26 Mar 26
Australia: Amplitude Energy's Isabella gas discovery assessed as not commercial
Amplitude Energy has provided an update on drilling operations at the Isabella prospect in the Offshore Otway Basin, Victoria. The results of the Isabella sidetrack flow test have been completed and do not support commercial development of the Isabella field. THe well will be plugged and abandoned.

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