Equus Energy Advances Equus Gas Project as WA Gas Shortfall Looms

Tip Ranks
2026.04.30 05:41
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Equus Energy Limited (AU:EQU) is advancing its Equus Gas Project in Western Australia, nearing completion of pre-front end engineering and design work. The project aims to utilize existing LNG and domestic gas facilities to reduce costs and enhance market access. With a tightening gas supply forecast in WA, Equus is preparing for a structured partnering process for future development and agreements, supported by funding from Alcoa. The company focuses on capital-efficient gas production to serve both export and local markets, with a current market cap of A$20.6M.