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Tag: drilling

Omega spuds Canyon-3 to kick off its biggest Taroom Trough campaign

Written by Industry Queensland on . Posted in All News, Energy.

Omega Oil & Gas (ASX: OMA) has started drilling the first well of its largest-ever appraisal program in Queensland's Taroom Trough.

The Canyon-3 well opened the fully funded 2026/27 campaign, designed to prove the scale of the Permian oil and gas play across Omega's acreage.

The program comprises four vertical appraisal wells, one a month, followed by one or two horizontal wells of up to 2,000 metres.

Main image: Well pad preparation May26

Omega is using an H&P FlexRig that recently finished a program for Shell. . .

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Drilling sector bracing for fuel shock fallout

Written by dev on . Posted in All News.

Gas and oil supply shocks stemming from the Middle East conflict threaten to quickly impact the drilling industry in Australia, according to the Australian Drilling Industry Association (ADIA).

The drilling industry had already been experiencing shortages of key personnel across the board and longer wait times for specialist equipment, ADIA chief executive officer Jeff Miller said.

"Adding a potential supply shock on top of an already tight market will mean business gets harder and more expensive from here should the situation persist or deteriorate in the Middle East,” he said.

The Federal Government said yesterday the fuel supply Australia required. . .

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ASX

Quick fire – industry news briefs

Written by dev on . Posted in All News.

GBM Resources (ASX: GBM) has launched a multi-rig Stage 2 drilling program at the Twin Hills project in the Drummond Basin, with plans for about 20,000m of reverse circulation and 30,000m of diamond drilling.

This builds on the company’s Stage 1 program, which delivered results including 52m at 2.77g/t gold from 299m (Lone Sister) and 37m at 5.00g/t gold from 225m (309) - both outside the existing mineral resource estimate.

"Stage 1 drilling at Twin Hills delivered significant extensions to the known mineralisation. . .

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Placement buoys Ballymore

Written by dev on . Posted in Copper, Exploration, Gold.

North Queensland gold junior miner Ballymore Resources (ASX:BMR) is raising more than $4.5m via a Placement to fund the development of an exploration drive and ongoing drilling of the Dittmer gold deposit, as well as additional field work including mapping, geophysics and geochemical surveys. 

The Company told the ASX this morning it had secured firm commitments to raise the funds through the issue of around 30.1m new fully paid ordinary shares at an issue price of $0.15 per new share via the Placement. 

The Offer Price represents a 11.8 percent discount to the last. . .

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True North Copper changes tack

Written by dev on . Posted in Copper, Exploration, Processing / Manufacturing.

True North Copper is embarking on a fresh chapter, operating under the revised business strategy it has laid out as a blueprint after coming out of administration.

As previously outlined, TNC has paused the operational ramp-up of the Cloncurry Copper Project (CCP) and plans an extensive exploration and resource definition drilling campaign there and at its Mount Oxide Project.

The company resumed trading on the ASX this week following the completion of a successful recapitalisation.

Main image: True North Copper's Cloncury area tenements

“On behalf of the board and management and the whole True. . .

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Resource profile points to early mining returns

Written by dev on . Posted in Copper, Exploration, Gold.

The giant North West Minerals Province is heavily pregnant with massive deposits and is set to deliver its next big find.

So says Maronan Metals managing director Richard Charlton. 

Maronan Metals managing director Richard Charlton at the Noosa Mining Conference

The project is located roughly between the Cannington and Ernest Henry Mines about 64kms south of Cloncurry.

The location in North. . .

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AIC Mines will construct a 3km underground link drive from its Eloise mine decline to access the Jericho copper deposit

Eloise gives up its secrets to AIC Mines

Written by dev on . Posted in All News, Copper, Exploration, Gold, Processing / Manufacturing.

AIC Mines has hailed results coming in from three drilling programs.

AIC is developing opportunities around the Eloise mine site, located east of the Landsborough Highway about 60km south-east of Cloncurry.

Eloise is producing at an annual rate of about 12,500t of copper and 5000oz of gold in concentrate. 

Main image: AIC Mines will construct a 3km underground link drive from its Eloise mine decline to access the Jericho copper deposit

AIC has advised the ASX that the results cover the Jericho North, Jericho South. . .

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A lesson in ‘how to’ on a drill rig in Moranbah

Written by dev on . Posted in Coal, Energy, Exploration.

Brisbane-based Lucas Drilling is showing the world how-to at its rig in Moranbah.

How to surface to inseam drill, how to utilise geoscience, how to create team, how to best run a $4.5 million piece of kit and how to get value for a company that could be spending tens of thousands of dollars a day tapping CSG resources. 

Lucas is contracted to QPM Energy to provide Surface-to-inseam (SIS) directional drilling and vertical production wells for gas production.

They’ve got Rig 118 on well pad TB118L2, which is to say near Grosvenor mine to. . .

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Dianne writes a copper-gold signature

Written by dev on . Posted in Copper, Exploration, Gold.

The prospective Dianne copper-gold project on Cape York Peninsula is firming for owner Revolver Resources. 

The company has advised the ASX of a recent drilling program on the Larramore Volcanics Belt.

All eight holes intersected what the company called ‘significant zones of hydrothermal alteration.’

It promised more to come, Revolver managing director Pat Williams said.

Revolver Resources managing director Pat Williams.

“It is pleasing to. . .

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latest exploration rig from Epiroc – the Explorac RC30 Smart

Sapped exploration sector seeks sustaining policy

Written by dev on . Posted in All News, Energy, Exploration.

The resources and energy exploration sector is losing confidence to the extent that it is likely to affect future development.

The prognosis is contained in the annual Exploration Scorecard report released by the Queensland Resources Council (QRC) and its exploration arm, the Queensland Exploration Council (QEC). 

Related: BHP report underlines Queensland royalties rift

The report revealed a sector deflated. . .

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latest exploration rig from Epiroc – the Explorac RC30 Smart

Sapped exploration sector seeks sustaining policy

Written by dev on . Posted in All News, Energy, Exploration.

The resources and energy exploration sector is losing confidence to the extent that it is likely to affect future development.

The prognosis is contained in the annual Exploration Scorecard report released by the Queensland Resources Council (QRC) and its exploration arm, the Queensland Exploration Council (QEC). 

Related: BHP report underlines Queensland royalties rift

The report revealed a sector deflated. . .

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Canyon-2 Permian Deep Gas well site- Omega Oil and Gas

Omega designs sideways drill campaign to tap gas wells

Written by dev on . Posted in All News, Energy, Exploration.

Omega Oil and Gas is closing in on a start to an innovative horizontal drilling program designed to tap resources at it’s 100 percent-owned Canyon Gas Project in southern Queensland’s Taroom Trough. 

The company announced its maiden 2C contingent resources following a drilling campaign in the Company’s ATP 2037 and ATP 2038 permit areas. 

Image: Canyon 2 Permian Deep Gas well

It's told the ASX that analysis estimates net gas resources of 1.24 TCF and 68.8 million barrels of condensate. 

Allocated resources were based on a. . .

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Executive Director and General Manager of the Alpha Torbanite Project, Mark Turner inspecting drill core at Stratum Reservoir Lab

Oil shale plan sweats on pre-feasibility

Written by dev on . Posted in All News, Energy, Exploration, Processing / Manufacturing.

Greenvale Energy says the end is in sight for the pre-feasibility study covering the Alpha torbanite project located about 50km south of the central Queensland town of Alpha. 

The company explores oil shale deposits with a view to producing bituminous products.  

Main image: Mark Turner inspecting drill core at Stratum Reservoir Lab.

Moves at the operational, research and corporate level have also given the company an increased level of confidence, Greenvale chief executive officer Mark Turner said.

“While we have recently expanded our portfolio with the exciting acquisition of a high-grade helium. . .

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Water boring at Galalar silica project

Backing, time, partners and process combine for Diatreme

Written by dev on . Posted in All News, Processing / Manufacturing.

Diatreme Resources (ASX: DRX) is standing junior miner conventions on their head.

Diatreme CEO Neil McIntyre addressed the Queensland Exploration Council’s investment showcase this week, saying getting a mining licence meant as much about having a social licence as any other standards. 

CEO Diatreme Resources Neil McIntyre

The company had entered into a 12.5 per cent. . .

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Blue’s energy play runs out of steam

Written by dev on . Posted in All News, Coal, Energy, Exploration.

Brisbane-based Blue Energy has 20 days to appeal a decision to refuse its applications to further develop a gas resource in the Galilee Basin.

The company has advised the ASX that the Queensland Department of Resources has informed it of its decision to decline the grant of the nine Potential Commercial Area applications (PCAs).

Main image: Drilling at Blue Energy's Sapphire Block of ATP 814

A PCA enables the holder of an authority to prospect (ATP) who has discovered petroleum or a natural underground reservoir suitable for the storage of petroleum, the opportunity to. . .

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AIC Mines jolly about Swagman results

Written by dev on . Posted in All News, Copper, Exploration, Gold.

The closer the drilling gets to Eloise Mine, the better qualified the Jericho North prospect gets for owner AIC Mines.

The Jericho copper deposit is located 4km south of the Eloise copper mine and processing plant, which is south-east of Cloncurry.

Main image: Eloise Mine portal. ©Budd Photography

AIC has reported the discovery of a new high-grade copper shoot named Swagman.

Jericho North was ideally located around midway between the Eloise Copper Mine and the Jericho Copper Deposit, the company told to the ASX.

. . .

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