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Queensland’s Taroom Trough: A New Energy Frontier?

Summary by sharecafe.com.au
A flurry of drilling successes in Queensland’s Taroom Trough is generating excitement within Australia’s energy sector. Companies like Shell, Santos, Omega Oil & Gas, and Elixir Energy are unlocking what appears to be a substantial gas resource. Omega Oil & Gas recently reported unexpectedly high oil flows from its Canyon-1H well, leading to comparisons with major US basins like Eagle Ford and Wolfcamp. Elixir Energy also reported a new, deeper …
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sharecafe.com.au broke the news in on Thursday, April 3, 2025.
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