Perth-based oil and gas explorer Strike Energy will launch exploration programs at its Australian and US gas and condensate fields, after selling off 50 per cent of its US assets for $US21.7 million ($21.96m).
Shares in Perth-based Strike Resources have surged after it reached a settlement deal with its Peru partners, which wipes a $US24.25 million ($A29.5 million) liability from its balance sheet.
27 Jul 2009
Subscribe today for award-winning, unbiased and trusted journalism
