Tuesday, April 21, 2026
Taroom: Australia’s new oil play- oil and gas 360

Taroom: Australia’s new oil play

(By Oil & Gas 360) – Queensland’s Taroom Trough is quickly emerging as one of the most closely watched new oil developments in the developed world, not just for its resource potential, but for how aggressively it is being positioned for development. After decades without a major new onshore oil province, Australia may be on the verge of bringing a new

Queensland opens up Australia’s first major new oil province in 50 years- oil and gas 360

Queensland opens up Australia’s first major new oil province in 50 years

(Oil Price) – The Queensland government has appointed its preferred tenderers to explore for oil and gas in the Taroom Trough, in a move to potentially open Australia’s first new major hydrocarbon province since the 1970s. The Queensland government announced on Tuesday it is awarding exploration rights to Omega TN Pty Ltd, Tri-Star Stonecroft Pty Ltd, and Drillsearch Energy Pty Ltd to drill