Articles On Strike Energy (ASX:STX)

The ASX 200 index finished flat on Thursday Miners lifted on earnings while banks lagged The RBA is under fire after a review report was released by Treasurer Chalmers   Aussie shares finished flat again on Thursday as earnings updates ro...

Strike Energy (STX) completes initial engineering work with Technip Energies for a modular and expandable gas plant in Western Australia The development of the South Erregulla gas plant will be rolled out in three phases in line with the...

Local shares closed flat on Wednesday Gold and lithium stocks climbed The Star Entertainment Group lost 7% after saying a strategic review will be conducted for its Sydney casino   The ASX has ended the day flat, with gains in Mining stoc...

The ASX slumped by 0.4% today as the RBA released its April minutes Core Lithium jumped 8pc after increasing its MRE BlackRock ditched its 60/40 strategy   Local shares fell 0.4% on Tuesday after the RBA minutes revealed the central bank...

Local shares lifted over 1 per cent today as all 11 sectors rose Newcrest Mining and Treasury Wines led their respective sectors Bitcoin surged past US$30k, first time since June 2022   The ASX 200 advanced 1.2% today, with all 11 sectors...

The ASX slipped around 0.3% on Thursday RBA said borrowers could be facing a ‘mortgage cliff” in the next two months Tech stocks and Real Estate sectors sold off today   Aussie shares slipped around 0.3% on the last trading session before...

The Australian stock market has enjoyed its best day since mid-January as fears over banking contagion ease. The ASX saw a slight raise, gaining just under one per cent to 7015.6.   International indexes followed suit, with the Asia D...

Heavy volumes suggest someone could be building a position in the Perth Basin wannabe gas producer.

Oil, gas and power exploration companies Talon Energy [ASX:TPD] and Strike Energy [ASX:STX] announced they’ve officially received multiple key regulatory approvals for their joint venture Walyering gas project. The companies expect construc...

Gas remains key to Australia’s energy mix Two ASX listed juniors  pushing to develop new supplies include Strike Energy and State Gas   Gas remains key to Australia’s energy mix with the Federal Government continuing to stand firm on the...

Gas remains key to Australia’s energy mix Two ASX listed juniors  pushing to develop new supplies include Strike Energy and State Gas   Gas remains key to Australia’s energy mix with the Federal Government continuing to stand firm on the...

Strike Energy (STX) and Talon Energy’s (TPD) environmental plan for the Walyering gas field has been approved The approval enables Strike, the operator of the JV, to begin construction at the site in the Perth Basin of Western Australia,...

Small-cap ASX shares were devastated last year, so a contrarian might argue that now is a great time to buy some in anticipation of a 2023 comeback. But with information more scarce on these businesses and earnings volatile compared to th...

Gina Rinehart’s Hancock is almost done with picking Warrego Energy off the ASX boards and investors have moved on to weighing M&A prospects of Strike Energy.

Junior oil and gas explorer Talon Energy (TPD) successfully taps investors for $14 million to advance exploration and development work across its WA assets The company plans to raise $12 million through a private share placement and $2 m...

WA gas play the Talon Energy launched a $12 million placement on Thursday morning to fund its share of the development costs of the Walyering gas project which it owns with Strike Energy.

Strike Energy (STX) launches a “gas acceleration strategy” across its Western Australia-based projects With $136 million in hand from the sale of its Warrego Energy (WGO) shares, Strike is targeting four sources of gas production to come...

The ASX is set to follow Wall Street lower at the open on Thursday US manufacturing data suggests more Fed rate hikes could be on the table Elon Musk to unveil Tesla ‘Master Plan 3’   The ASX is poised to open lower on Thursday in line wi...

Hancock Energy now owns 95.63 per cent interest in Warrego Energy, effectively ending the months-long takeover battle. Earlier in February, Strike Energy, the only remaining suitor for Warrego after MinRes and Beach Energy stepped aside, w...

Mineral Resources (MinRes) last week finally secured control of oil and gas exploration company Norwest Energy. But how did it all start? Major mining companies have been battling for control of WA gas assets since the beginning of the yea...

Strike Energy has walked away from the Warrego Energy takeover battle with $136 million. Hancock Prospecting will now own Strike’s 30.4 per cent interest in the Perth Basin gas provider. Strike first announced that it would bow out of the...

Just five days after it was screaming its one-for-one scrip bid for Warrego was superior to Hancock Prospecting’s all cash offer, the ASX-listed small cap’s done a complete U-turn and offered its 26 per cent stake to the rival camp on a sil...

Strike Energy capitulates as Hancock gets over the line with Warrego takeover bid The US gets nudged awake following a marathon State of the Union from Biden Aussie markets end the day 0.3% higher on the back of Financials and Materials su...

ShareCafeSectors mixed as ASX edges 0.35% higher by Peter Milios   Financials and Materials led the pack, whilst Consumer Staples and Healthcare were today’s laggards. Overall, at the closing bell, the S&P/ASX 200 was 0.35 per cent high...

The tussle for Warrego Energy (ASX:WGO) has ended with Strike Energy (ASX:STX) accepting Hancock Energy’s 36c per share takeover offer for its West Erregulla gas field partner. Strike had been hopeful that its offer of one STX share for eve...

Strike Energy has accepted rival bidder Hancock Prospecting’s 36¢ a share offer over its own one-for-one scrip offer, which will curiously remain open.

Strike Energy has officially lost the long-running battle for WA gas junior Warrego Energy with the junior company finally revealing it would accept the offer from Gina Rinehart’s Hancock Prospecting. 

Mineral Resources (MinRes) has sold shares in Warrego Energy into Hancock Energy’s cash takeover offer. The drawn-out takeover battle for Perth Basin-based Warrego Energy continues, with MinRes’ decision taking Hancock’s interest in...

Those who have been following the Beach-Strike-Hancock battle to takeover Warrego Energy [ASX:WGO] will be interested to know that it has been Gina Rhinehart’s company who has made the concluding play. In upping its share offer from 28 to 3...

Cyprium and AIC Mines raise collective $65 million to boost Aussie copper production DDH1 posts strong first half figures ahead of results season Materials up 0.32% as Newcrest lifts on Newmont offer   All eyes are on Newcrest Mining (ASX...

Gina Rinehart’s Hancock Prospecting extended its all-cash bid for Warrego Energy to February 10, with the move occurring on the day the bid was set to expire. Strike Energy and Hancock have been engaged in a fierce battle for Warrego Energ...

With D-day looming for Hancock’s 36c offer for Warrego Energy, it looks no closer to meeting its 40 per cent minimum condition. But rival Strike Energy is also getting deserted by backers.

Strike Energy [ASX:STX] sought to address shareholders across a number of fronts that occurred in Q4 22 and off a bleak outlook on general gas in WA, saw its share price sinking near 3%. Year to date, the company has spent more than $4 mill...

Three ASX 300 shares are bouncing around today after the companies released their quarterly results. For perspective, the S&P/ASX 300 Index (ASX: XKO) is just 0.02% in the green at the time of writing. Let’s take a look at these thre...

When Norwest directors recommended shareholders accept Mineral Resources’ (MinRes) increased takeover offer earlier this week, it solidified the latest chapter in an increasingly competitive battle for gas assets in the Perth Basin. Norwes...

This content is created by Smallcaps Authors. [Author : Tim Treadgold] The battle of the billionaires for control of Warrego Energy (ASX: WGO) in Western Australia’s gas-rich North Perth Basin is heading towards a showdown but the war is...

The Australian share market is making another move higher today, bringing returns from the S&P/ASX 200 Index (ASX: XJO) to 7.8% so far this year. Today’s enthusiasm is being felt across ASX energy shares, with the sector’s performance...

Warrego Energy shareholders appear unconvinced by both Strike and Gina Rinehart’s bids for the Perth Basin gas play.

Strike Energy (STX) enters rig sharing agreement with Mineral Resources (MIN) and JV partner for use of the Ensign 970 rig for its 2023-2024 drilling campaign Since August 2020, Strike has successfully drilled six wells using the Ensign...

There’s an odd new arrival on Perth Basin gas player Strike Energy’s shareholder register amid the takeover battle for Warrego Energy.

Talon Energy (TPD) and joint venture partner Strike Energy (STX) receive production licence grant for the Walyering gas project in Western Australia The grant of the licence by the WA Department of Mines, Industry, Regulation and Safety...

Coming to the close of the 2022 calendar year, Warrego Energy [ASX:WGO] was the subject of some impassioned interest from prospective energy company competitors. Warrego, caught at the centre of a bidding triangle had first knocked down Str...

ShareCafePositive open despite higher-than-expected inflation data: ASX up 0.66% at noon by Peter Milios   The data released shows that Australia’s monthly inflation data for November has reached 7.3 per cent, which is above the consensus f...

The prospect of a greater reward has led Warrego Energy (ASX:WGO) co-founder Duncan MacNiven to accept Hancock Energy’s revised offer for the shares he owns in the company. While MacNiven has accepted the initial 28c per share cash offer fo...

ShareCafeIGO Hunting that Essential Acquisition Australian miner IGO Ltd and its Chinese partner Tanqui have made a well-timed bid for the smaller lithium aspirant Essential Metals at a likely cost of around $A136 million. The bid’s logic i...

There’s electricity in the air this morning as a handful of ASX lithium shares bask in the excitement of recent acquisition developments. At the time of writing, the broad S&P/ASX 200 Index (ASX: XJO) is enjoying a green start to the...

Highlights The EBITDA of New Hope Corporation in the quarter ending October 2022 was AU$648.1 million. The zero-spin silicon (ZS-Si) project of Silex Systems achieved its target enrichment objectives. Askari Metals completed phase I r...

The S&P/ASX 200 Index (ASX: XJO) appears set to end the first week of 2023 in the green, with ASX lithium shares helping it get there. Stocks in the battery-making material are outperforming all others on the index today while their ho...

Gina Rinehart’s Hancock Prospecting has increased its takeover bid for Warrego Energy after Mineral Resources (MinRes) entered the fray for the Perth Basin gas player. The activity surrounding Warrego is evidence of mining companies vying...

Strike Energy (STX) releases a second supplementary bidder’s statement claiming its takeover offer of Warrego Energy (WGO) is still ‘best value’ for WGO shareholders Strike’s offer exceeds that of Hancock Energy which yesterday was upped...