Key Highlights

  • Finder Energy (ASX:FDR) finished the 6 November 2026 session at $0.20, down 14.89%.
  • Australis Oil & Gas (ASX:ATS) finished at $0.031, down 11.43%, and Botala Energy (ASX:BTE) at $0.044, down 12.00%.
  • Finder's KTJ Project has secured principal regulatory approvals.

During the Trading session on 6 November 2026, Finder Energy Holdings Limited (ASX:FDR) finished at $0.20, down 14.89%, Australis Oil & Gas Limited (ASX:ATS) finished at $0.031, down 11.43%, and Botala Energy Limited (ASX:BTE) finished at $0.044, down 12.00%. The S&P/ASX 200 fell 0.49% to 9,020.80 over the same session. The three companies are developing oil and gas or gas projects.

Finder Energy Holdings Limited (ASX:FDR)

Finder's Quarterly Report dated 29 October 2026 covered ANP approval of the KTJ Field Development Plan and Environmental Impact Statement, and confirmed maiden gross 2P reserves of 22.2 MMstb.

Australis Oil & Gas Limited (ASX:ATS)

Australis' third quarter report dated 29 October 2026 described a farmin under which a development partner will fund the first US$46.25 million of the work program, with the Willson 1H test well in preparation.

Botala Energy Limited (ASX:BTE)

Botala's quarterly report reported first continuous gas flow at Serowe on 20 September 2026, and cash at bank of A$286,000 at 30 September 2026, with a A$1.35 million raising announced on 23 October 2026.

Sector Context

Development-stage energy companies depend on regulatory approvals, contractor availability, partner funding and Commodity prices. Test well and production results determine whether projects move to the next phase.

Risks to Watch

Finder's development relies on contract negotiations and financing. Australis' farmin depends on partner funding and the Willson 1H result. Botala's cash position is limited, and production testing results are still to come.

Catalysts on Watch

Investors will be watching for Finder's EPCI contract outcomes, the Willson 1H well and Botala's production testing results.