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Energy

Greater Sunrise exit agreed: Woodside Energy (ASX:WDS) sells to Timor Gap in a deal worth up to US$200 million

On 27 October 2026, Woodside announced it had agreed to sell its participating interest in the Sunrise Joint Venture to TIMOR GAP. The sale covers the titles containing the Greater Sunrise fields: NT/RL2, NT/RL4, JPDA PSC 03-19 and JPDA PSC 03-20.

Aditi Sarkar | 28 October 2026

After Securing Up to US$10.9m From Westlawn, 88 Energy (ASX:88E) Lines Up the Augusta-1 Well on Alaska's North Slope

The deal is a binding Participation Agreement and Joint Operating Agreement covering the South Prudhoe Project. Westlawn Americas Offshore LLC, known as WAO, acquires a 40% working interest. 88 Energy keeps 60% and remains operator. The leases are held by Captivate Energy Alaska Inc., …

Aditi Sarkar | 28 October 2026

A$6.0 Million Lined Up for Brakfontein, Says Kinetiko Energy (ASX:KKO), but a Vote and a Financial Close Come First

The tranche comprised 13,333,333 shares at A$0.03, issued to unrelated participants on 27 October 2026, with a cleansing notice and Appendix 2A lodged with the ASX. The remaining A$3.5 million needs shareholder approval at the annual general meeting in Perth, scheduled for 27 November …

Aditi Sarkar | 28 October 2026

A$3 Million in Firm Commitments Moves Macallum New Energy (ASX:MNE) Toward a Possible 2027 Perth Basin Drilling Campaign

The issue price is a 12.5 per cent discount to the closing price on 23 October 2026 and a discount of between 20.6 and 23.1 per cent to the 30-day, 15-day and 5-day volume-weighted average prices. Sophisticated and professional investors, both new and existing …

Aditi Sarkar | 28 October 2026

After a Stuck Hole, Gulf Stream Energy (ASX:GSE) Logs Two Oil Zones at Zydeco-1

The company holds a 100 per cent working interest, with a 70 per cent net revenue interest, in about 325.3 acres of leases in Acadia Parish. Zydeco-1 was spudded on 2 July 2026. After the original hole stuck, the company drilled a sidetrack, redesigning …

Aditi Sarkar | 28 October 2026

Energy World Corporation (ASX:EWC): Turbine Delivery Shifts Attention to Escrow Conditions

Energy World Corporation (ASX:EWC) announced a binding agreement in June 2026 to dispose of Siemens gas and steam turbines for US$350 million. In an update dated 22 October 2026, the company confirmed delivery of both gas turbines to the buyer and receipt of the …

Aditi Sarkar | 28 October 2026

Omega Oil & Gas Limited (ASX:OMA): Canyon Appraisal Advances Queensland Exploration Programme

On 12 October 2026, Omega Oil & Gas Limited (ASX:OMA) reported a 589m gross oil and gas-bearing Permian sequence at Canyon-4, including 197m of aggregate net pay. Net pay identifies intervals assessed as potentially productive; it is not equivalent to reserves or actual production.

Aditi Sarkar | 28 October 2026

RBR Group (ASX:RBR) Wins First Mozambique LNG Contract Since Force Majeure Lifted

RBR Group Limited (ASX:RBR) has secured its first contract award at Mozambique's LNG projects since Force Majeure was lifted. The contract was awarded to its subsidiary Projectos Dinamicos Lda (PD), acting as a subcontractor to the Bonatti International and Mota-Engil consortium, which is contracted …

Aditi Sarkar | 28 October 2026

What Does the Grant of Two Edmund-Collier Acreage Options Mean for Constellation Resources Limited (ASX:CR1) and Its Gas and Helium Exploration Plans?

Constellation Resources Limited (ASX:CR1) is an Australian exploration company with interests in natural gas, helium, natural hydrogen, copper and gold projects across Western Australia. The company's energy exploration portfolio includes acreage within the Edmund-Collier, Yerrida and Ashburton Basins, while its Ularring Copper-Gold Project provides …

Sonal Goyal | 28 October 2026

88 Energy (ASX:88E) Sells 40% of South Prudhoe to Westlawn and Secures US$10.9M for Augusta-1

Under the agreement, WAO will pay US$9.2 million (A$13.1 million) toward Augusta-1 well operations, made up of the first US$3.6 million (A$5.1 million) of drilling and evaluation spending plus 40% of the remainder, currently expected to be US$5.6 million (A$8.0 million). Against a gross …

Sonal Goyal | 28 October 2026
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