STRIKE ENERGY ORD
Strike Energy and Carnarvon Energy to Join Forces in WA Oil and Gas Sector Shake-up
The Western Australian oil and gas sector looks set for a major reorganisation with two of its leading players proposing a strategic partnership. Onshore Perth Basin specialist Strike Energy (ASX: STX) and offshore oil and gas discoverer Carnarvon Energy (ASX: CVN) have entered into an agreement under which Carnarvon will make an investment of as […]
Triangle Energy Global spuds Becos-1 exploration well in WA’s Perth Basin
Triangle Energy Global (ASX: TEG) has spudded its much-anticipated Becos-1 exploration well in Western Australia’s Perth Basin. Triangle, with a 50% stake and as operator, is drilling the well on behalf of the EP 437 joint venture with Strike Energy (ASX: STX) and Echelon Resources (ASX: ECH), each of which holds a 25% interest. “We […]
WA government lifts export ban on onshore gas, opening door for Perth Basin LNG
The Australian oil and gas industry has welcomed changes to the controversial Western Australia Domestic Gas policy, opening the door for gas to be exported as LNG from Perth Basin fields. The WA government has removed the export ban for onshore gas production by allowing the export of up to 20% of total production volumes […]
Strike Energy expands eastern Perth Basin gas play with major Erregulla Deep-1 discoveries
Strike Energy (ASX: STX) has made a pair of high-quality, low-impurity gas finds with the drilling of the Erregulla Deep-1 exploration well in Western Australia. Erregulla has opened up a deep play in an area where Strike has a significant position in the eastern section of WA’s onshore Perth Basin. Managing director and chief executive […]