Articles On Strike Energy (ASX:STX)

The Strike Energy Ltd (ASX: STX) share price was pushing closer to an 8-month high of 34 cents during late afternoon trade. This came after the company announced a positive update on the ASX earlier today. At the close of trading, the ener...

ASX-listed gas player Strike Energy (STX) wins a $2 million grant as part of the WA Government’s Clean Energy Future Fund initiative Strike is using the money to drill Future State-1 which is a planned test of the geothermal potential of t...

06 Apr 2022 - Strike Energy (ASX:STX) has entered into a five-year gas supply agreement with Perth Energy.

Strike Energy (STX) secures a long-term gas supply agreement with AGL Energy subsidiary Perth Energy Under the agreement, Strike will supply a total of 14.6 petajoules (PJ) of gas to Perth Energy from 2024 for a period of five years The ga...

Millionaire businessman and COVID-19 law breacher Nev Power remains on an indefinite leave of absence on the boards of three companies who are refusing to commit on his position. 

Despite logistical delays, Strike Energy (STX) begins preliminary activities at the Walyering-5 well located in the Perth Basin, Western Australia While waiting for critical measurement and testing equipment, STX perforated the D-Sand acro...

Fertilizer prices up 30% since the start of the year due to the Russia/Ukraine war Europe’s nitrogen capacity heavily exposed to rising gas prices Ukraine Committee on Agrarian and Land Policy says a global food crisis is looming   Ferti...

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

Talon Energy (TPD) appoints Colby Hauser as its new Managing Director and CEO The new role is effective today and will see the experienced energy executive receive an annual salary of $300,000 Most recently, Mr Hauser was the commercial ge...

Strike Energy will push ahead with early works on its Project Haber urea manufacturing facility near Geraldton after drilling shored up the quality of its South Erregulla gas field in the Perth Basin.

The Strike Energy Ltd (ASX: STX) share price is sliding today amid the company releasing details of a gas discovery. The oil and gas explorer’s shares are swapping hands at 28 cents today, a 6.67% fall. In comparison, the S&P/ASX 200...

Strike Energy (STX) confirms the presence of high quality conventional gas in the Kingia Sandstone within the South Erregulla-1 well, located in the Perth Basin Logging and petrophysical interpretation across the Kingia includes 14 metres...

The ASX Emerging Companies index (XEC) is up more than 1.5% on Thursday, while the benchmark ASX 200 is higher as well. Local investors are totally unconcerned by weak US futures when commodity prices behave like incensed lemmings. The alre...

The Strike Energy Ltd (ASX: STX) share price isn’t going anywhere on Thursday after the energy producer requested a trading halt. As such, the Strike Energy share price is frozen at 30 cents apiece. It’s worth noting that Strike Energy sha...

The Strike Energy Ltd (ASX: STX) share price is rangebound in early Tuesday trading and is now flat at 26.5 cents. The investing piranhas aren’t biting today despite a company announcement regarding Strike’s South Erregulla target. As see...

Strike Energy (STX) provides an update on drilling of the SE1 well at its South Erregulla target in EP503 The company says it has “successfully cored” a 45-metre interval from 4,859 metres and retrieved it to surface Steady coring conditio...

The Strike Energy Ltd (ASX: STX) share price is in negative territory today. This follows the energy company’s update on the South Erregulla drilling operations at the EP503 site. Strike Energy holds a 100% interest in EP503. The gas proje...

Strike (STX) has successfully drilled through the lower Carynginia Formation and the Irwin River Coal Measures, where mud gas was observed at its South Erregulla target in the EP503 property Strike has continued drilling operations with SE...

Coal, or more specifically coal-fired generation, has been the main talking point lately with the most recent headline – billionaire Mike Cannon-Brookes’ rejected $8bn takeover bid for AGL Energy (ASX:AGL) – bringing the changing energy lan...

The Strike Energy Ltd (ASX: STX) share price is in the green today amid an update on its drilling operations. The company’s shares are currently trading at 28.2 cents each, a jump of 6.42%. Let’s take a look at what could be impacting the...

Strike Energy (STX) has set, cemented and pressure tested the 9-5/8” casing and commenced drilling the final production section at its South Erregulla target in EP503 The well is now drilling in the Carynginia Formation at a depth of 4,535...

Strike Energy (STX) makes conventional gas discovery at one of its reservoirs at the South Erregulla target within the Perth Basin Logging and petrophysics of the Wagina sandstones indicate the base is made up of 160 metres of thick, clean...

Highlights The prices of both the crude oil benchmarks have gained significantly in the last one month. Oil prices have been marching upward as various oil-exporting countries have struggled to keep up the production pace. The signifi...

Strike Energy (STX) and Talon Energy (TPD) gear up for flow test of Walyering-5 gas well in Perth Basin, Western Australia The test will assess four reservoirs to support the understanding of the pressure dynamics between the sands and the...

Strike Energy (STX) drilling encounters strong gas flows to surface from its South Erregulla target in WA’s Perth Basin A 12.25-inch intermediate hole section was drilled down to a measured depth of 4,421 metres in the Carynginia Formation...

Hayden Burbank and Mark Babbage went to prison last year for flouting WA’s strict border controls so they could attend the AFL grand final at Optus Stadium They were each sentenced to 10 months in prison with seven months suspended, but ha...

Key points Strike Energy shares accelerate on back of Major Project Status award for Haber Project Proposed development of fertiliser production facility expected to reduce carbon intensity of Australian farming The award streamlines appr...

The Australian Federal Government awards Strike Energy’s (STX) project Haber Major Project Status The award was based on the project’s potential to advance Australia’s downstream manufacturing industry and support the integration of low ca...

ASX to rise as Wall Street advances for second straight day Australian shares are set to open higher following another US stocks rally overnight. All three US benchmarks rose – the S&P 500 by 0.69%, Dow Jones by 0.78%, and Nasdaq by 0.7...

Strike Energy has secured major project status from the Federal Government for its $3 billion Project Haber urea manufacturing facility at Narngulu near Geraldton.

Strike Energy (STX) has landed and cemented surface casing string at 1940 metres measured depth at its South Erregulla target in the Perth Basin The company says it is now running in hole with a 12- quarter inch drilling assembly to commen...

Strike Energy (STX) is working toward first cashflows following successful appraisal results over the December quarter from its Walyering-5 well in the Perth Basin For the quarter ending December 31, the company reported total cash outgoin...

The world’s first liquefied hydrogen carrier – the Suiso Frontier – has arrived on Australian shores. In a nod to the success of the Hydrogen Energy Supply Chain Project (HESCP), the ship docked into Victoria’s port of Hastings yesterday, s...

Key points Strike Energy scores successful exploration results in Perth Basin Gas demand is forecast to grow over the coming decade Global urea shortages disrupt critical diesel fuel additive The Strike Energy Ltd (ASX: STX) share price...

Strike Energy (STX) begins drilling its first well at its South Erregulla gas target in EP503 in Western Australia SE1 was spudded on the weekend The well is being drilled in a 17-1/2 inch hole in the top section, at a measured depth of 1,...

Strike Energy (STX) reports it’s ready to commence drilling operations at the SE1 Well at its wholly owned South Erregulla target The announcement follows the company completing mobilisation of the Ensign 970 drilling rig to the well Minor...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

ASX investors evidently shrugged off omicron fears in December, with the last month of the 2021 being the second best of the year. Ultimately, the market finished 2021 13% higher than it started. Patience pays off, unless you got in at the...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

Australia is scrambling to find alternative supplies of urea after a perfect storm of local and global conditions has more than doubled the price of the nitrogen-based compound this year.  Surging energy prices have stunted global producti...

The Strike Energy Ltd (ASX: STX) share price is rocketing higher on news its Project Haber has received major support from state and federal governments. The project’s potential as a domestic urea manufacturer has seen it awarded Lead Agen...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has followed the lead of US markets and is on course to record a sizeable decline. At the time of writing, the benchmark index is down 0.6% to 7,333 points. Four ASX shares that are...

Western Australia’s largest solar farm has kicked off production for iron ore giant, Fortescue Metals Group (ASX:FMG). The 60 MW Alinta Energy Chichester Hub Solar Farm in the Pilbara region – one of the sunniest regions in Australia – will...

As Strike Energy (STX) prepares to drill the high-impact South Erregulla-1 well, it says the importance of Project Haber to the national economy has been recognised The significance of Project Haber of establishing a domestic urea producti...

Recent success at the Walyering gas field in WA’s gas-rich Perth Basin has given Talon and JV partner Strike the confidence that they are onto a near-term cashflow opportunity. Talon Energy (ASX:TPD) and Strike Energy (ASX:STX) revealed tod...

Shares in Strike Energy Ltd (ASX: STX) are claiming territory today. The Strike Energy share price is currently trading up around 13% at 17.5 cents a pop. Stike’s share price has been on the move today. Investors are responding positively...

World stock markets continue to rebound strongly US and European stocks markets surged overnight as investors gained confidence that Omicron would not derail the global economy. All three major US equity benchmarks lifted – the S&P 500...

Strike Energy (STX) and its joint venture partner, Talon Energy (TPD), are proceeding with the development of the Walyering-5 well on the back of positive results The pair recently announced better-than-expected results during an appraisal...

After trading down for most of the day, the ASX ultimately closed higher despite a big sell off in tech. The ASX 200 closed at 7,245 points which was 0.05% higher than Friday. Tech retreated 2.2% over inflation fears but gains of over 1.9%...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has bounced back from its intraday lows and is trading just a fraction lower. At the time of writing, the benchmark index is down slightly to 7,238.2 points. Four ASX shares that are...