---
title: "Equus Energy Advances Equus Gas Project as WA Gas Shortfall Looms"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284701478.md"
description: "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."
datetime: "2026-04-30T05:41:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284701478.md)
  - [en](https://longbridge.com/en/news/284701478.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284701478.md)
---

# Equus Energy Advances Equus Gas Project as WA Gas Shortfall Looms

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Equus Energy Limited ( (AU:EQU) ) has shared an update.

Equus Energy reported that pre-front end engineering and design work on its Equus Gas Project is nearing completion, with technical studies and development planning maturing two competing tie-back concepts to existing LNG and domestic gas facilities. The project’s proximity to established North West Shelf infrastructure is intended to lower upfront capital costs, accelerate market access and support finalisation of a field development plan, cost estimates and project economics.

Alongside the technical work, Equus advanced preparations for a structured partnering process to facilitate future project development, potential sell-downs and offtake agreements, underpinned by ongoing study cost contributions from Alcoa under a funding and gas sales agreement. The company framed these efforts against a tightening domestic gas outlook in Western Australia, where forecast supply shortfalls from around 2030 enhance the strategic relevance of new gas developments that can leverage existing infrastructure.

**More about Equus Energy Limited**

Equus Energy Limited is an Australian oil and gas company focused on developing its 100%-owned Equus Gas Project offshore Western Australia. The company is targeting capital-efficient gas production via tie-backs to existing offshore platforms, pipelines and onshore LNG and domestic gas infrastructure to supply both export and local markets.

**Average Trading Volume:** 387,387

**Current Market Cap:** A$20.6M

For an in-depth examination of EQU stock, go to TipRanks’ Overview page.

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