Street Talk

Bowen Basin gas producer Denison Gas kicks off institutional NDR

Sarah Thompson, Kanika Sood and Emma Rapaport

Nov 12, 2025 – 5.43pm

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Denison Gas, a leading player in Australia’s east-coast domestic gas market, is meeting institutional investors as it transitions to high growth from start-up phase and its earnings cross over $75 million.

Street Talk understands the Queensland producer and explorer is being toured by PKF Corporate Finance’s Alan Stevenson as part of a non-deal roadshow. People briefed on the matter, who requested anonymity, said Denison was exploring its strategic options at this stage, and its Chinese owners were yet to decide on an exit route.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.