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STRIKE ENERGY LIMITED

ASX: STX

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Strike Energy is an active independent oil and gas exploration and production company. Strike has a portfolio of assets in two of the world's leading onshore oil and gas plays - the Cooper Basin, Australia and the Eagle Ford Shale, USA.

Strike has approximately 3.7 million net acres (approx 15,000 km2) of Cooper Basin exploration permits and applications. The Cooper Basin is Australia’s most prolific onshore oil and gas region and is now recognised for its unconventional potential. Our permit areas are known to contain vast hydrocarbon bearing shale, coal and sand formations. We are pursuing an active exploration program to prove-up the commercial value of this massive potential resource. Strike also has in excess of 250,000 net acres (over 1,000 km2) of prospective permit areas within the Carnarvon Basin, offshore Western Australia.

Strike holds over 10,843 net acres within the high-profile Eagle Ford Shale, onshore Texas. The Eagle Ford Shale is the USA’s most sought after unconventional hydrocarbon play due to the high liquids recovery rates and strong economics. We are engaged in an exploration and evaluation program to demonstrate the commercial potential of our acreage. Also in the USA, Strike has conventional exploration and production assets on the Gulf Coast in Texas. We have existing production and a strong pipeline of medium and large liquids and gas prospects.

Mine For

oil, gas, shale

Location of operation(s)

Western Australia, USA

Australian Basins

Cooper

Address

120B Underwood Street
PADDINGTON, NSW, AUSTRALIA

Phone

+61 (0) 2 9397 1420

Email

Website


Last Updated

22/1/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.