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Energy
Strata-X and Real Energy merge to gain Queensland gas critical mass
A bigger Queensland gas player is the plan as Strata-X (ASX: SXA) and Real Energy Corporation (ASX: RLE) agreed to merge. The combined company, to be known Pure Energy Corporation, will also include Strata-X’s coal seam gas (CSG) project in Botswana. The two companies are already involved in a Queensland joint venture and claim the […]
Energy
Strata‐X Energy increases Botswana resource by 240%
Ron Prefontaine-backed Strata‐X Energy (ASX: SXA) has more than doubled prospective resources for its Serowe coal seam gas fairway in Botswana’s Kalahari Basin to 3.3 trillion cubic feet. The Toronto and Australian-listed company said the 1.9 tcf (2405 petajoules) or 240% increase to 3408 petajoules reflected both additional permits it had acquired earlier in the […]
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