Strike Energy is an independent oil and gas exploration and production company founded in 1997 and listed on the Australian Stock Exchange in 2004 (ASX: STX). The Company is based in Sydney, Australia.
The Company’s primary focus is the rapid commercialisation of the large scale gas resource located within its Southern Cooper Basin Gas Project. We believe the successful development of this resource to supply the Australian East Coast Gas markets will deliver significant value to the Company’s shareholders and Eastern Australian gas users.
Strike has exploration permits and applications over approximately 2.3 million net acres (approx 9,232 km2) within the Cooper Basin. The Cooper Basin is Australia’s most prolific onshore oil and gas region and is now recognised globally for its untapped gas potential. Following a successful initial appraisal program in our Southern Cooper Basin Gas Project in 2013, the Company continues to focus on the rapid commercialisation of the large prospective gas resource (mean estimate 4.5 Tcf) in our operated (PEL 96) permit. To assist in funding the commercialisation process, Strike has entered into a small number of innovative gas off-take agreements with domestic consumers which provide both risk-capital and market for a portion of the Company’s gas resource.
Latest Media Releases
Latest News
Market Reports /
by Peter Milios -
A year ago
20 Dec 2022 - The ASX has fallen 1.47 per cent or 105 points at the closing bell, coinciding with surprising news coming out of Japan.
Market Reports /
by Peter Milios -
A year ago
20 Dec 2022 - The ASX is currently sitting at a 5-week low, amidst many large international central banks' plans to remain firm on continuing their plans to slow down inflation. Th…
Company News /
by Glenn Dyer -
A year ago
08 Dec 2022 - Strike Energy (ASX:STX) has dealt itself back into the battle for Warrego Energy (ASX:WGO), its 50% partner in the West Erregulla gas field near Perth.
Market Reports /
by Peter Milios -
A year ago
07 Dec 2022 - All sectors besides Materials, which closed 0.22 per cent higher, have finished in the red, amidst the release of the news that GDP estimates fell short of expectatio…
Market Reports /
by Lauren Hayes -
A year ago
07 Dec 2022 - The local bourse is continuing its losing streak after major US indexes fell overnight, with recession concerns continuing to weigh on markets. At noon, the S&P/ASX 2…
Market Reports /
by Peter Milios -
A year ago
21 Nov 2022 - In a relatively quiet session, Utilities have led the day, following big results from Mercury NZ (ASX:MCY), which closed 4.31 per cent higher, and AGL Energy (ASX:AGL…
Market Reports /
by Lauren Hayes -
A year ago
21 Nov 2022 - The Australian market is having a lacklustre start to the trading week after US equity markets posted gains on Friday on news of strong earnings reports, but ended lo…
Market Reports /
by Peter Milios -
A year ago
11 Nov 2022 - The ASX has opened to a five-month high, as Information Technology surged by almost 5 per cent. Real Estate was the next best sector, closely followed by Consumer Dis…
Market Reports /
by Melissa Darmawan -
2 years ago
06 Jul 2022 - The Australian sharemarket has been choppy this morning in a zig-zag fashion. Information technology shares are leading the gains while resources stocks are lagging, …
Market Reports /
by Rachael Jones -
3 years ago
11 Jan 2021 - The Australian sharemarket opened lower this morning. The S&P/ASX 200 Index is 31 points down or 0.5 per cent lower at 6,727. Futures are pointing to a fall of 34 poi…
Stock Watch /
by Michael Gable -
3 years ago
11 Jan 2021 - Fairmont Equities Managing Director Michael Gable takes a technical look at Rio Tinto, Strike Energy, Ainsworth Game Technology and Costa Group Holdings.
Market Reports /
by Katrina Bullock -
3 years ago
22 Dec 2020 - The ASX200 opened slightly higher and dropped throughout the day to end 1.1 per cent lower. All of the sectors ended lower except Health Care and Real Estate. Sandfir…
Market Reports /
by Katrina Bullock -
3 years ago
09 Oct 2020 - Over the week, the market has gained 311 points or 5.1 per cent. Every sector made gains this week, with Energy climbing over 9 per cent, Financials and Tech stocks e…
Company News /
by Katrina Bullock -
3 years ago
09 Oct 2020 - Oil and gas exploration company Strike Energy (ASX:STX) has finalised terms with Macquarie Bank for a $28 million, two year, secured debt facility to cover appraisal …
Company News /
by Rachael Jones -
4 years ago
28 May 2020 - Strike Energy (ASX:STX) is pleased to announce that the West Erregulla Gas Project has been awarded Lead Agency Status in WA.
Market Reports /
by Rachael Jones -
4 years ago
25 Sep 2019 - The ASX dropped at the open and continues to shuffle along, tracking 0.6% lower at noon. Afterpay Touch Group (ASX:APT) shares have shot up today after they updated t…
Company News /
by Rachael Jones -
5 years ago
11 Sep 2019 - Strike Energy (ASX:STX) reports a significant upgrade to the view of the Kingia sandstone conventional gas discovery at West Erregulla-2.
Market Reports /
by Rachael Jones -
5 years ago
26 Oct 2018 - Australian shares are set to start off the last day of the trading week higher. US stocks surged back into positive territory, all three benchmarks leapt up. The bidd…
Market Reports /
by Kathy Skantzos -
6 years ago
30 Jan 2018 - Market Outlook: The US markets fell overnight after hitting record highs in the previous session. It was the biggest drop for the year so far, with the Dow falling 11…
Company News /
by Kathy Skantzos -
6 years ago
18 Jan 2018 - Oil and gas exploration company Strike Energy (ASX:STX) is on target for the drilling and completion of its Jaws project, after completing all major contracting and p…
