Onshore gas exploration in Queensland is accelerating, driven by high international LNG prices following Middle East supply disruptions. The report highlights Comet Ridge's recent acquisition of full control over the Mahalo Gas Hub and Omega Oil & Gas's successful Canyon-4 well results.
Southern Energy Corp. has completed the Terrible Creek 21-2 #2 Cotton Valley well in Mississippi, reporting successful initial flow test results. The well produced 2.3 MMcf/d of natural gas and 50 barrels of condensate per day without requiring fracture stimulation, suggesting a high-permeability gas condensate reservoir.
Horizon Petroleum has successfully completed the main flow testing phase at the Lachowice-7 gas well in southern Poland. The results, which included a six-day main flow test, support the company's plans for an early production phase targeting the third quarter of 2027.
Alvopetro reported September sales volumes of 2,627 boepd, noting that a planned 5-day shutdown for a gas facility upgrade in Brazil impacted monthly totals. The company also provided an operational update on the 183-H2 well, which encountered 44.4m of potential natural gas pay.
Emperor Energy has received approval from NOPSEMA for its Judith-2 Appraisal Well Drilling Environment Plan, a major milestone for the offshore Gippsland Basin project in Victoria, Australia. This approval aligns with the recent securing of the VALARIS 107 drilling rig, with drilling targeted for April 2027. The well aims to appraise a 166 Bcf 2C Contingent gas resource and explore a 142 Bcf P50 Prospective gas resource in the deeper Longtom sands.
CanCambria Energy Corp. has announced a $5.0 million brokered private placement to fund a 3D seismic survey and drilling activities in its STA Fairway oil play in Southern Hungary. The company also highlighted its Kiskunhalas Deep Gas Project, which holds 1.1 trillion cubic feet of contingent natural gas resources.
Alvopetro has declared a Q3 2026 dividend of US$0.12 per share. The company also provided supplementary details on its unrisked prospective resources as of December 31, 2025, and reported preliminary open-hole log results from the 183-H2 well in the Murucututu field.
Horizon Petroleum has completed a workover on the Lachowice 7 well in Poland, perforating 35 metres of a carbonate reservoir. The company observed fluid losses and gas kicks indicating good fracture connectivity and plans to commence acid stimulation and production testing around September 23, 2026.
Touchstone Exploration provided an operational update for its assets in Trinidad and Tobago, reporting July and August 2026 production averages of approximately 4,400 boe/d. Key highlights include successful solvent squeeze treatments at Cascadura and a strategic shift to Brent-linked pricing for Central block condensate.
Alvopetro Energy reported August 2026 sales volumes of 3,124 boepd, driven primarily by natural gas production in Brazil. The company also provided an operational update, noting successful testing of the 183-D1 well and the identification of potential natural gas pay in the 183-H2 well.
