Elixir Energy's $5m Raise Advances Taroom Trough Position

Elixir Energy is weighing up its next move in the Taroom Trough. The Queensland gas developer has raised $5 million as it launches a strategic review of how best to advance its extensive position across the emerging gas region. Elixir says recent exploration and appraisal work has confirmed the extension of key plays into its permits, while initial flow testing at Lorelle-3H has supported modelling for a potentially commercial development within ATP2056. Managing director Stuart Nicholls said growing industry interest in the Taroom Trough made it the right time to assess the company's options. Those could include self-funding further development, farming out interests to a partner, forming joint ventures or pursuing broader corporate transactions. The new funding will also support further testing and evaluation at Lorelle-3H and Diona-1 as Elixir continues building the technical case for its Taroom Trough assets. With appraisal progressing and strategic options now on the table, the focus is shifting towards how Elixir can move its Queensland gas position towards commercial development. Elixir Energy Ltd (EXR.AX) #NaturalGas #Gas #GasExploration #QueenslandResources

TMK Energy Limited (ASX:TMK) (ASX:TMK) has released its July 2026 operations update, marking steady progress across production, project delivery, and corporate growth. As we advance our Gurvantes XXXV Pilot Well Project in Mongolia, TMK remains committed to sustained gas production increases and strategic project milestones, supporting both energy security and value creation for our shareholders. Key Highlights: ▪️ Average daily gas production increased ~5% month-on-month to 778m³/day (~27,500 scfd) in July, with August already averaging above 800m³/day ▪️ All long lead items for the 2026 Work Program secured, paving the way for new drilling and well optimisation ▪️ Appointment of Steve Skinner as Chief Operating Officer to reinforce technical and operational leadership ▪️ Major water pond maintenance project completed ahead of 2026 activities ▪️ Finalising design and engineering for the Gas to Power Project, with first power generation targeted by December 2026 Our CEO, Dougal Ferguson, commented: “Despite Mongolia’s annual Naadam festival in July, TMK continued to progress all necessary activities in preparation for the 2026 Work Program. Our production continues to rise on a month-by-month basis with continued evidence of near well bore desorption and further progression towards our gas production goal for 2026.” These milestones position TMK Energy for ongoing production growth, project delivery, and long-term shareholder value as we build a stronger foundation in Mongolia’s growing energy sector. Dougal Ferguson John Warburton Brett Lawrence Gema Gerelsaikhan Glenn Corrie Naran-Uchral Tsedev Steve Skinner, P.E. https://lnkd.in/gtpHXpEB #TMKEnergy #TMK #ASX #NaturalGas #EnergyTransition #Mongolia #EnergySecurity

📰 ADX Energy featured in Stockhead’s ASX Resources Quarterly Wrap ADX Energy Ltd Energy (ASX: ADX) has been highlighted by Stockhead among a select group of ASX energy companies shifting firmly into execution mode, as drilling, testing and production activity gathers pace across the sector. The feature highlights a strong June quarter for ADX, including: 🔹 Austrian production increasing ~35% to around 285 boepd following workovers and access to behind-pipe reserves in the Vienna Basin. 🔹 HOCH-1 shallow gas discovery in Upper Austria, where testing of the first gas zone delivered a steady 2.7 MMscf/d (~450 boepd), with at least five additional reservoir zones targeted for testing. 🔹 A$3.6 million in Austrian operating cash receipts, up 71% for the quarter amid stronger European oil and gas prices. 🔹 A growing pipeline of opportunities, including planned drilling at GOLD-1 and SCHOE, permitting for the PERG oil prospect, continued advancement of Welchau, and seismic evaluation of ADX’s Sicily Channel exploration permit. With existing production complemented by a growing portfolio of drill-ready and appraisal opportunities, ADX continues to advance its strategy across its European energy portfolio. Thank you to Stockhead for featuring ADX in its latest quarterly energy wrap. 👉 Read the full feature: https://lnkd.in/gtMnvFiw #ADXEnergy #ASX #Energy #NaturalGas #OilAndGas #Austria #Exploration #Production #EnergySecurity https://lnkd.in/gtMnvFiw

CanCambria Energy has released an updated corporate presentation, providing a comprehensive overview of the Company’s strategy, assets, and development plans as it advances its unconventional natural gas program in Hungary. The presentation highlights: • The development potential of CanCambria’s flagship Kiskunhalas Project • The Company’s technical approach to unlocking unconventional natural gas resources • Recent milestones, upcoming catalysts, and operational priorities • A more than 60% increase in asset value at current gas prices compared with the Company’s base case, as illustrated below • Why Hungary’s energy landscape presents a compelling opportunity for domestic natural gas development amid rising European gas prices and global supply uncertainty View the updated corporate presentation on our website: https://lnkd.in/et56bifm #CanCambria #NaturalGas #EnergySecurity

Galilee Energy’s exit from the Glenaras Gas Project marks a decisive shift away from a large but technically challenging Australian coal seam gas resource towards the faster-cycle Zydeco gas and condensate opportunity in Louisiana. The portfolio is becoming simpler, although the company’s investment case is also becoming significantly more concentrated. #GLL #GalileeEnergy #Glenaras #Zydeco #Louisiana #GalileeBasin #ASX #USGulfCoast #NaturalGas #EnergyInvestors

Market Update: 6 August 2026 PetroTal (PTAL LN) - Tender process extended Valeura Energy (VLE CN) - $650m M&A war chest Tenaz Energy (TNZ CN) - Output up to 23kboe/d Serica Energy (SQZ LN) - Swings back to profit Diversified Energy Corp (DEC LN) - Adds new capex programme in Oklahoma Harbour Energy (HBR LN) - $250m buyback https://lnkd.in/esPUtN3t

Transgaz is accelerating the implementation of the Ghercesti–Jitaru gas pipeline, a strategic project designated of national importance in Romania. This pipeline will enhance energy security by connecting transmission infrastructure in Oltenia with southern Romania, supporting the region's natural gas supply capacity. The project, valued at approximately EUR 71.4 million, is expected to supply natural gas to around 132,000 households and 251 public institutions across 18 administrative units, while also enabling future heating plants in Craiova. Our analysis suggests that this infrastructure development aligns with broader structural trends in the energy sector, particularly the shift from coal to natural gas, which is evident in the project's goal to replace lignite use in power plants with cleaner natural gas. This transition supports Romania's energy security objectives and regional market integration. In a high-case scenario, the pipeline's operation could reduce CO2 emissions by up to 156,500 metric tons annually, assuming a hydrogen blend of 20%, reflecting the growing emphasis on decarbonization and energy efficiency at the basin level. This is consistent with the systemic capital allocation focus seen in basin-level research, where infrastructure quality and scalability dictate capital efficiency. While global oil reserves are in structural decline, as highlighted in comprehensive industry reports, investments like the Ghercesti–Jitaru pipeline underscore the importance of optimizing existing basin infrastructure to meet evolving energy demands. Additionally, recent discoveries in major basins worldwide continue to influence capital rotation strategies, emphasizing basin quality over volume alone. Furthermore, developments from companies like ReconAfrica, which have recently advanced exploration activities in key basins, illustrate the ongoing dynamic between new resource discoveries and infrastructure expansion, reinforcing the need for integrated systems-oriented approaches in capital allocation. Read More: https://lnkd.in/dyKYeTTv #EnergySecurity #NaturalGasInfrastructure #Decarbonization Disclosure: The owner of this account and affiliated entities hold a financial interest in one or more companies referenced in this post. For informational purposes only; not investment advice.

Galilee Energy (ASX: GLL) sharpens US focus through Glenaras divestment $GLL #GalileeEnergy #Glenaras #Zydeco #Louisiana #GalileeBasin #ASX #USGulfCoast #NaturalGas #EnergyInvestors #GLL

Anthem optimistic 420 MW Northern Cluster of wind projects will enter into operation before year-end The giant 420 MW Northern Cluster, comprising three large wind farms under construction in the Karoo, is still anticipated to enter into commercial operation before the end of 2026, despite unprecedented recent rainfall in the region that affected site activity. The three 140-MW-apiece projects, known as Khangela, Umsinde and Ishwati Emoyeni, are being built by South African independent power producer Anthem and co-shareholder Reatile Renewables. https://lnkd.in/dhMHs6GX Anthem Reatile Group (Pty) Limited South African Wind Energy Association (SAWEA) Global Wind Energy Council (GWEC)

Australian Vanadium Limited, Limited (ASX: AVL) has announced that it and its subsidiary VSUN Energy have submitted a proposal to Stage Two of the WA Government's Expression of Interest (EOI) process for the Kalgoorlie Vanadium Battery Energy Storage System (Kalgoorlie VBESS) project. The proposal is for the development of a 50MW / 10-hour (500MWh) vanadium flow battery designed to provide long-duration energy storage and support energy security, renewable energy integration and network resilience in the Goldfields region. Delivery program contemplates commercial operation in 2029, subject to selection, financing, approvals, procurement, construction and commissioning. CEO Graham Arvidson commented that the submission of the Stage Two proposal is an important milestone, reflecting integrated Western Australian vanadium industry capability combined with globally recognised battery technology, engineering, construction, asset management and energy market expertise. The project has the potential to establish the foundation for a broader sovereign vanadium and long-duration energy storage industry in Western Australia. The WA Government will now evaluate the Stage Two proposals from other participating entities. Submission of a Stage Two proposal does not guarantee selection as the preferred proponent or awarding of the Kalgoorlie VBESS project. Investair - Know the market before you raise. Capital markets intelligence for ASX-listed companies https://lnkd.in/gGisJZfD #ASX #Vanadium #EnergyStorage #RenewableEnergy #WAProjects