Strike Energy’s $16.1m all-scrip takeover bid for Perth Basin-focused oil and gas company UIL Energy has been found to be both fair and reasonable by an independent expert. The company also said its Jaws-1, deep coal seam gas well in South Australia is now starting to flow gas continuously with regular bursts of up to 100,000 cubic feet per day and gas flows continuing to build.
14/11/2018 - 09:20
Strike secures independent nod for UIL takeover
By Matt Birney
14/11/2018 - 09:20
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Rank Company Revenue 87th Strike Energy $5.6m 88th Voltaic Strategic Resources $5.5m 90th Burgundy Diamond Mines $5.3m 91st Tasman Resources $5.0m 605 listed resources wa companies ranked by revenue.
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