News Articles for Strike Energy

Strike Energy has inked a five-year gas supply agreement with AGL's Western Australian business, Perth Energy.

Ardea Resources' Kalgoorlie nickel project has been granted major project status by the federal government amid a heightened period of activity for the commodity.

High profile businessman Nev Power will have to endure another painstaking month-long wait before knowing whether the court believes his COVID travel breaches warrant jail time.

Our board moves wrap includes Nev Power, Dane Lance, Keith Martens, Baden Bowen, Gabriel Chiappini, John Lamb, Jeffrey Moore, and Ken Brinsden.

Nev Power has stepped down as chairman of Perth Airport and taken a leave of absence from Strike Energy and APM, ahead of his sentencing for breaching COVID travel rules.

The federal government has awarded Strike Energy's 1.4 million tonnes per annum urea development major project status, sending shares up 11 per cent.

A development application for the West Erregulla gas project in the Mid West has been lodged, ahead of a potential tightening of the domgas market.

The federal and state governments have awarded Strike Energy with a $2 million grant and streamlined approvals for the company's fertiliser project in the Mid West.

Prominent businessman Nev Power won't have to face court over his alleged breaches of the state's COVID-19 travel restrictions for another month after being granted an adjournment.

Perth Airport has revealed its chairman, Nev Power, has taken a leave of absence from its board while he deals with charges related to breaching COVID travel restrictions.

Strike Energy's plan to extract gas in the Perth Basin will be subject to a review by the EPA, as the company's $2.3 billion Geraldton urea plant proposal passes another milestone.

Strike Energy has bought $22 million worth of shares in joint venture partner Warrego Energy, effectively raising its exposure to the West Erregulla development in the Perth Basin.

More than $100 million has been raised in recent weeks for onshore oil and gas developments in WA.

There's strong interest from potential offtake partners for a Mid West urea plant, Strike Energy said today, while it works on deals for water and port access.

Strike Energy has entered a trading halt ahead of a planned capital raising to progress its West Erregulla joint development in the Perth Basin.

Strike Energy's plan to build a $2.3 billion urea plant at Geraldton has firmed after the company today revealed it was heavily oversubscribed with offtake offers for its projected 1.4 million tonnes of annual production.

Decisions on two big gas projects are due, $12 billion of chemical projects are under consideration, and a decommissioning timebomb awaits.

A small Perth company with backers in Dubai has announced ambitious plans for a $4.1 billion project to convert gas from the Canning Basin into fertiliser and petrochemicals.

Geraldton could be home to a $2.3 billion fertiliser project proposed by Strike Energy, the latest company to pursue a chemicals development in WA.

Strike Energy shares bounced back from early selling today after investors absorbed an update that detailed short-term drilling delays but longer-term positives for its Perth Basin gas project.

Veteran mining entrepreneur Tim Goyder has emerged as one of Western Australia's wealthiest company directors, after the spectacular success of Chalice Mining this year.

LNG & Domgas: $US11 billion projects set for 2021 approval; AEMO says domgas sufficient until 2026; Kirkup sticks with onshore export ban.

Gas demand in the Goldfields will underpin a new $460 million pipeline connecting Western Australia's two key gas trunklines.

Warrego Energy has raised funds from a share placement to go towards the company's West Erregulla joint venture with Strike Energy.

An in-depth analysis of the re-emerging case for a west-east gas pipeline, which could provide a demand source for projects like Equus.

Strike Energy and Warrego Energy have signed a binding heads of agreement to jointly develop the West Erregulla gas field in the Perth Basin.

The owners of the giant Waitsia gas field intend to export half the gas rather than reserve it for the domestic market after securing state government approval for their plans.

As the big offshore gas projects planned for WA's north face more delays and uncertainty, the prospects for developing onshore gas fields in the Perth Basin get better.

Strike Energy project partner Talon Petroleum has raised $5 million from a share placement to fund an upcoming drill program in the Perth Basin.

Strike Energy has signed an agreement with ASX-listed Talon Petroleum, which will begin drilling the Walyering appraisal well in the Perth basin next year.

Corporate adviser John Poynton is back looking for deals after setting up a new firm with investment banker Chris Stavrianou.

Warrego Energy has received commitments to raise $15 million from a two-tranche share placement, with the proceeds to go towards drilling at its West Erregulla development in the Perth Basin.

Strike Energy has partnered with the Australian Gas Infrastructure Group (AGIG) to build and operate one of the largest onshore gas facilities in Western Australia in a deal worth more than $200 million.

A historic overnight collapse in oil markets has not significantly shaken bigger ASX-listed energy producers today, but it does foreshadow continuing uncertainty for one of Western Australia's largest export industries.

SPECIAL REPORT: The Perth Basin could be in for a transformational year.

Strike Energy has kicked off a 3D seismic campaign at its Walyering conventional gas discovery in the Perth Basin, where it has previously defined prospective resources of up to 263 billion cubic feet of gas and 6.3 million barrels of associated liquids condensate. The discovery was originally made in 1971 at about 3,350m depth, where the Walyering-1 gas well flowed at 13.5 million standard cubic feet per day.

Strike Energy is firing on all cylinders, tabling a maiden resource of a massive 1,185 billion cubic feet of 2C gas at its West Erregulla-2 well in the Perth Basin of Western Australia. Strike's gas play is arguably Australia's largest onshore conventional gas field and the company's excitement is still building with multiple targets at West Errugulla underpinning the potential for the gas resource to grow even further.

Strike Energy has kicked off a 3D seismic campaign at its Walyering conventional gas discovery in the southern Perth Basin, where it has previously defined prospective resources of up to 263 billion cubic feet of gas and 6.3 million barrels of associated liquids condensate. The discovery was made in 1971 at about 3,350m depth, where the Walyering-1 gas well flowed at 13.5 million standard cubic feet per day.

Oil and gas explorer Strike Energy announced today it has raised $30 million through a share placement and is seeking an additional $5 million through a share purchase plan, primarily to fund the company's exploration and appraisal programs in the Perth Basin.

Strike Energy has produced some outstanding initial flow test results from the Kingia Formation within its exciting West Erregulla-2 gas discovery well in the Perth Basin of WA. The numbers are consistent with other high rate gas wells in the region. Strike recently provided an update and strategy to begin unlocking value from the surrounding gas field, with a schedule developed to begin producing gas by early 2022 and fast-track cash flows.