24/10/2018 - 11:24

Strike raises $13m for West Erregulla drilling

24/10/2018 - 11:24

Bookmark

Save articles for future reference.

Strike Energy is now fully funded to drill the West Erregulla-2 well in the Perth Basin and complete pilot production activities for the Jaws-1 deep coal seam gas wells after raising $13m through a share placement. The share placement also fulfils the capital raising requirement for the recommended takeover offer for UIL Energy, which will increase Strike’s exposure to the Perth Basin.

Subscribe today for award-winning, unbiased and trusted journalism

Subscription Options