Santos Deal a Potential Fly in the Warrego Ointment
Was the Santos announcement on Wednesday that it had struck a new gas supply deal in WA a step up in the battle for control of Warrego Energy?
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Beach Left Stranded in Warrego Battle
The Kerry Stokes-backed Beach Energy has abandoned the takeover battle for Warrego, leaving Gina Rinehart’s Hancock Energy seemingly in the box seat.
Read MoreFancy Moves Put Strike Back in the Warrego Mix
Strike Energy has dealt itself back into the battle for Warrego Energy, using some fancy stockmarket dancing to grab a blocking 19.9% stake in the WA-based gas junior.
Read MoreStrike Energy (ASX: STX) – Webinar Presentation
Stuart Nicholls – CEO & Managing Director – Strike Energy is a Western Australian Company building an integrated, low-carbon energy and fertiliser business, through its access to Perth Basin gas and geothermal resources.
Read MoreSTX – Credit Suisse rates the stock as Outperform
The Outperform rating is retained and the target price increases to $0.34 from $0.27.
Read MoreSTX – Macquarie rates the stock as Outperform
Target is reduced to $0.50 from $0.60.
Read MoreStrike Energy aspires to be the lowest cost onshore gas producer in Australia
Presenter – Stuart Nicholls – MD, CEO & Executive Director – Strike Energy aspires to be the lowest cost onshore gas producer in Australia, in order to ensure affordable and abundant natural gas is available to support the energy transition into a lower carbon future.
Read MoreSTX – Credit Suisse rates the stock as Outperform
Credit Suisse observes, unlike sector peers which have sustained lower prices and strained balance sheets, Strike Energy has avoided adverse impacts from the pandemic. Growth remains on track with the stock up 50% since pre-pandemic levels in January.
Read MoreStrike Energy Nails New West Erregulla Gas Find
Combined with what are expected to be commercial discoveries within the High Cliff and Wagina formations, STX believes these resources have the potential to produce some of the lowest-cost gas in Australia.
Read MoreSTX – Credit Suisse rates the stock as Initiation of coverage with Outperform
Credit Suisse initiates coverage on Strike Energy with an Outperform rating and $0.28 target. The main asset is the recent gas discovery, West Erregulla, in the Perth Basin which may enable up to 250TJ/d for domestic gas development.
Read MoreStrike Energy Hits Bullseye With ‘Exceptional’ Gas Discovery
West Erregulla is one of the largest pre-drilled conventional onshore prospects in Australia and the recent developments in terms of the understanding of the Wagina discovery are very exciting.
Read MoreStrike & Warrego Energy Claim ‘Exceptional’ Gas Discovery
Shares in oil and gas tiddlers, Strike Energy and Warrego Energy came alive yesterday after they claimed a major gas discovery in the Perth Basin gas field.
Read MoreSignificant Gas Discovery For Strike Energy
With good porosity trends continuing with depth, Strike believes that it is on track to find a good quality reservoir within its primary target in the Kingia-High Cliff.
Read MoreCapital Flows For Strike Energy
Strike Energy (ASX: STX, Share Price: $0.115, Market Cap: $96m) is our preferred ‘unconventional’ energy play. Strike’s sole focus is on defining the commercial viability and overall resource extent of its emerging Southern Cooper Basin Project, with the ultimate aim of delivering gas under long-term supply arrangements to growing and energy-starved markets in Eastern and Southern Australia.
Read MoreRecord Gas Flows For Strike Energy
Strike Energy (ASX: STX, Share Price: $0.12, Market Cap: $100m) is our preferred ‘unconventional’ energy play. Strike’s focus is on defining the commercial viability and overall resource extent of its emerging Southern Cooper Basin Project, with the ultimate aim of delivering gas under long-term supply arrangements to growing and energy-starved markets in Eastern and Southern Australia.
Read MoreOrica Prepayment A Boost For Strike Energy
An emerging petroleum play with a rapidly growing presence in the unconventional energy sector in South Australia’s Cooper Basin, where a company-making fraccing and flow-testing program is underway.
Read MoreStrike Energy Progressing In The Cooper Basin
An emerging petroleum play with a rapidly growing presence in the unconventional energy sector in South Australia’s Cooper Basin, where a company-making fraccing and flow-testing program is continuing.
Read MoreStrike Energy Busy In Cooper Basin
Strike Energy is an emerging petroleum play with a rapidly growing presence in the unconventional energy sector in South Australia’s Cooper Basin, where an important flow-testing and fraccing program is currently underway.
Read MoreStriking Unconventional Energy
Strike Energy in an emerging petroleum play with a rapidly growing presence in the unconventional energy sector in South Australia’s Cooper Basin, where an important flow-testing and fraccing program is currently underway.
Read MoreStrike Oil Makes Gas Discovery
Strike Oil (STX) has made a gas discovery at its Rayburn project, in Texas USA which has been designated Cypress Eagle Field.
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