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 Katrina Bullock -
A month 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 -
A month 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 -
6 months 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 -
A year 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 -
A year 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 -
2 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 -
2 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 -
2 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…
Market Reports /
by Clive Tompkins -
3 years ago
22 Sep 2017 - Aus shares close 0.5% higher. After opening strongly the market fell back to trade in a narrow range before picking up momentum in the afternoon, closing just off its…
Company News /
by Kathy Skantzos -
3 years ago
20 Sep 2017 - Strike Energy (ASX:STX) has announced the execution of a new gas sales agreement with multinational Orica.
Market Reports /
by David Chau -
3 years ago
30 Dec 2016 - Ending 2016 on a low: ASX finishes 0.58% lower. Washington H. Soul Pattinson and Company Ltd (ASX:SOL) to purchase 19.9% of the shares in Hunter Hall International Lt…
Company News /
by David Chau -
3 years ago
30 Dec 2016 - Strike Energy (ASX:STX) has sold its remaining US production and exploration assets.
Market Reports /
by Carolyn Herbert -
4 years ago
09 Sep 2016 - Friday falls: Aus shares track 0.65% lower at noon. YPB Group Limited (ASX:YPB ) has signed a three year agreement with a leading Indonesian pharmaceutical and welln…
Market Reports /
by -
4 years ago
22 Dec 2015 - Aus shares track 0.32% higher at noon. The GPT Group (ASX:GPT) has announced an estimated distribution for the six months to 31 December 2015 of 11.5 cents per ordina…
Interviews /
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5 years ago
02 Nov 2015 - Strike Energy Limited (ASX:STX) Managing Director, David Wrench, provides an update on Strike's progress.
Interviews /
by -
5 years ago
15 Jun 2015 - Strike Energy Limited (ASX:STX) Managing Director David Wrench outlines how the oil and gas company is developing its Cooper Basin asset.
Market Reports /
by -
5 years ago
27 May 2015 - ASX down on miners and banks. Strike Energy Limited (ASX:STX) says Orica Limited (ASX:ORI) will make a pre-payment of $7.5 million as part of a GSA brokered back in …
Company News /
by -
5 years ago
27 Apr 2015 - Energy World Corporation (ASX:EWC) says partner Strike Energy Limited (ASX:STX) has confirmed the gas resources at its Southern Cooper Basin project.
Company News /
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6 years ago
15 Jan 2014 - Strike Energy Limited (ASX:STX) inks a gas supply deal with Orora Limited (ASX:ORA), the recently demerged Australasian and packaging distribution division of Amcor.
Market Reports /
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6 years ago
08 Jan 2014 - Aus shares surrender early gains. Strike Energy Limited (ASX:STX) climbs after its latest drilling results exceed its own expectations.
Market Reports /
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7 years ago
16 Jul 2013 - ASX edges toward 5,000. Orica Limited (ASX:ORI) announces a gas supply deal with Strike Energy Limited (ASX:STX) in which it will make pre-payments of up to $52.5 mil…
Company News /
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8 years ago
29 Dec 2011 - Strike Energy Ltd (ASX:STX) is plugging and abandoning its Wintermann well in Texas.
General News /
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9 years ago
It's no secret that coal seam gas and liquefied natural gas are not only major Australian exports, but hot topics at the moment. FNN takes a look at what the government says about …
