The December 2022 Quarter (Quarter) and the subsequent month of January 2023 have been eventful for both the energy sector and State Gas Limited (ASX:GAS) (OTCMKTS:STGSF).

During the quarter, Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) and Daly Waters Energy LP (DWE) completed the $60 million acquisition of Beetaloo Basin assets EP 76, 98 and 117. The acquisition positions Tamboran as the largest operator and acreage holder in the Basin, with ~1.9 million net prospective acres.

Vintage Energy Ltd (ASX:VEN), 50% interest holder and Operator of the ATP 2021 and PRL 211 Joint Ventures (other interest holders: Metgasco Ltd, 25%; and Bridgeport (Cooper Basin) Pty Ltd, 25%,) provides the following update on the Vali gas project.

Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to provide a progress update on the evaluation program undertaken on the Mulga Rock Project (MRP or Project), located in the Great Victoria Desert in Western Australia, 290km by road ENE of Kalgoorlie.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) report that the Carpentaria-3H (C-3H) has been successfully stimulated, significantly below budget, delivering all 40 planned stages across 1,989 metres (6,526 feet) of horizontal well bore.

The Directors of K2 Energy Limited (NSX:KTE) provide the following report for the quarter ended 31st December 2022.

Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) report that the Amungee 2H (A2H) in EP 98 was successfully drilled to a total depth (TD) of 3,883 metres, including a 1,275-metre horizontal section, which was placed in the most prospective zone within the Mid-Velkerri "B Shale" formation.

Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce the completion of its two-stage, 10,000m follow-up RC drilling program at the Omahola Project.

Vintage Energy Ltd (ASX:VEN), 50% interest holder and Operator of the ATP 2021 and PRL 211 Joint Ventures (other interest holders: Metgasco Ltd, 25%; and Bridgeport (Cooper Basin) Pty Ltd, 25%,) provides the following update on the Vali and Odin gas projects.

Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce that it has, together with its wholly-owned subsidiary Narnoo Mining Pty Ltd, entered into a binding agreement with Resource Capital Fund VI L.P. to terminate the Minerals Royalty Deed.