The feuding brothers split the iconic Britpop band in 2009 but theyre back on speaking terms and rumour has it theyre planning to work together again.
Its music to the ears of millions of bereft Oasis fans left in a trackless desert after the bands 2009 split.
Feuding brothers Noel Gallagher and Liam spotted out with his girlfriend and pals this week, as you can see in the gallery above are said to have taken the first steps towards a reunion next year.
Weeks after it emerged the pair had patched up their differences, we can reveal the band are in talks for a comeback.
Details were leaked by a well-placed source speaking after 47-year-old Noels recent gig in support of the Teenage Cancer Trust at Londons Royal Albert Hall.
They said: Its early days in terms of the details, but Noel and Liam are back on good terms and ready to give things another go. Nothing is signed but its what you might call a gentlemens agreement between them.
PANoel Gallagher's High Flying Birds performing at the Royal Albert Hall 2015Solo success: Noel plays the Royal Albert Hall with his High Flying Birds
Ultimately theyre family and whatever has gone on before can be sorted out theyre very close beneath all the bluster.
Liam is particularly keen to perform a money-spinning series of concerts as he is eager to rebuild his career.
He has suffered a string of damaging revelations about his personal life and his band Beady Eye has folded.
The 42-year-old fathered a child, Gemma, with US music journalist Liza Ghorbani in March 2013. He has recently reached an agreement over payments after a lengthy court battle.
The affair led to his divorce from Nicole Appleton, 40, last year. He is now in a relationship with his former assistant Debbie Gwyther, 32, and was seen out this week having a meal and a few drinks at a pub near his North London home.
The source said: Noels solo career has been a huge success with number one records and sold-out arena tours but Liam hasnt been able to match that with Beady Eye.
"He is ready to try and put their differences behind them in order to get back on stage together with the band now that Beady Eye have split up.
Obviously it would be massively lucrative for them both too, and the demand for tickets would be enormous.
Rumours of a reunion have been circling for months amid claims they would be tempted by an offer of headlining this summers Glastonbury Festival.
And Liam posted a photograph of himself online clutching an Access All Areas pass to one of Noels solo gigs, revealing the pair were hanging out again with the caption: Keeping it in the family.
But it is thought the pair wanted more time to plan a comeback on their own terms rather than committing to anything this year while still insisting publicly a reunion remains a long way off.
Noel, who married Sara MacDonald, 43, in 2011, recently admitted their only motivation would be for the money.
He said in an interview with Rolling Stone magazine: If I was ever going to do it, it would only be for the money. This isnt me putting it out there, by the way.
Would I do it for charity? No way. Were not that kind of people.
For Glastonbury? I dont think Michael Eavis has got enough money. But would we get back together one day? As long as everybody is still alive and still has their hair, its always a possibility. But only for the money.
Today representatives for both Noel and Liam declined to comment about plans for a reunion although sources say Noel has yet to be completely convinced.
