From staged drilling campaigns to production facility buildouts, Novara structures finance across the upstream and midstream oil & gas value chain. Deals from single-well completions to multi-hundred-million-dollar field development programs — settled by brokers who understand commodity cycles, reserve-backed lending, and the capital cadence of exploration through production.
Novara structures finance across the full upstream and midstream capex stack — from exploration and drilling equipment through to production facilities and field infrastructure.
Land and workover rigs. Coiled tubing and hydraulic fracturing spreads. Wellhead and christmas tree assemblies. Downhole tools, casing, and completion strings. Mud systems, BOP stacks, and solids control. Directional drilling packages across conventional and unconventional plays.
Production separation and processing facilities. Storage tanks and loading systems. Flowlines and gathering pipelines. Compressor stations and gas treatment plants. FPSO and onshore processing modules. Power generation, water treatment, and camp infrastructure for remote field operations.
Oil & gas capex doesn't behave like other industries — capital deploys in stages aligned to drilling campaigns, completion programs, and production ramp-ups. We structure finance that matches your development timeline, not generic lending templates.
Novara is structuring finance for a multi-well drilling and production campaign targeting approximately seven wells within known fields — supported by existing offset production data, seismic information, and historical field performance.
The program is structured in stages: a ~$50 million first-stage facility covering the initial well campaign and associated operational costs, with the broader development requiring staged capital deployment of up to approximately $300 million across the full program. The strategy is to bring the initial wells through drilling, completion, and production — establishing cashflow and production data to support subsequent funding rounds and future well development.
Current energy security requirements and domestic production demand are viewed as strong positive drivers, with potential for JV restructuring or partner buyout scenarios following successful production outcomes.
Australia's oil and gas sector is at an inflection point. Domestic gas supply constraints, energy security policy, and the transition to lower-emission production methods are driving renewed investment in conventional plays — particularly in basins with established infrastructure and proven reserves. For operators with the right geology and the right team, the funding environment is increasingly supportive.
The challenge for most operators isn't finding capital — it's finding capital that understands the asset class. Mainstream bank appetite for upstream oil and gas has thinned over the past decade, but specialist energy lenders, resource-focused funds, and structured finance providers have stepped in. Novara's role is matching the right capital source to your specific project stage, risk profile, and development timeline.
The Big 4 banks have largely stepped back from upstream oil and gas exposure, particularly for smaller operators and exploration-stage projects. That doesn't mean the capital isn't there — it means you need to know where to look. Specialist resource lenders, energy-focused private credit funds, and infrastructure financiers all have active appetite for the right deals. The key variables are reserve quality, management experience, existing production history, and the clarity of the development plan. Our job is knowing which lender will look at your specific deal at this specific point in their portfolio cycle.
Oil & gas operations share capital-intensity with mining and draw on many of the same equipment finance structures. For operators running owned support fleet, see truck finance and earthmoving equipment finance. For unsecured working-capital needs, see business loans.
Whether it's a single-well completion or a multi-stage drilling campaign, speak with our team about what's possible. We'll tell you in the first call whether the deal is fundable and what shape the capital should take.