Articles On Strike Energy (ASX:STX)

The Perth Basin has become a hot spot for oil and gas explorers with the region’s profile considerably lifted by corporate activity, exploration success and recognition of the promising supply demand dynamics that should support strong pric...

The global upstream oil and gas industry has seen some $US1.6 trillion ($2.33 trillion) erased from its valuation thanks to the oil price crash. Wood Mackenzie says this captures the impact of its downgraded long-term Brent price assumption...

Australian gas producers may have to tighten their belts for the next couple of years due to the continued impact on the global economy and energy demand from the COVID-19 pandemic. In its latest monthly report, Australian energy advisory f...

Oil prices may be recovering but the price crash in March and ongoing demand slump continues to impact the sector, with behemoth BP moving to cut about 15 per cent of its workforce. The move comes at the end of its three-month freeze on red...

The Australian government’s support for the National COVID-19 Coordination Commission’s (NCCC) proposed gas-led recovery has been questioned by the Institute for Energy Economics and Financial Analysis (IEEFA). In a new report, IEEFA says t...

28 May 2020 - Strike Energy (ASX:STX) is pleased to announce that the West Erregulla Gas Project has been awarded Lead Agency Status in WA.

Interest in the Perth Basin is starting to ignite, with exploration activity increasing in the region thanks to growing evidence it has always been a major gas hotspot. But this state of excitement wasn’t always the case. Wind the clock bac...

SPECIAL REPORT: If proof was needed that there is still strong investor demand for good stories in the oil and gas space, Warrego Energy just provided it. Warrego (ASX: WGO), which owns 50% of the West Erregulla gas discovery in the Perth B...

ShareCafeStrike Energy Nails New West Erregulla Gas Find Strike Energy – (ASX: STX, Share Price: $0.20, Market Cap: $299m, coverage initiated @ $0.10 in October 2015 – current gain of 100%) Key Catalyst The Strike-Warrego Joint Venture has...

Strike Energy (ASX: STX) has chosen the Australian Gas Infrastructure Group (AGIG) to build, own and operate the first phase of the development of the West Erregulla gas project. The 50 terajoules (TJ) per day plant will involve an investme...

Questions have been raised about the future of oil and gas companies struggling with low prices brought about by poor demand and the lack of storage capacity. The benchmark West Texas Intermediate contract for June delivery appears set to f...

Special Report: Warrego Energy has delivered a clear message to Perth Basin joint venture partner Strike Energy in response to its unsolicited takeover proposal: “You’ll have to do better than that”. Warrego (ASX: WGO) informed the market o...

Australia has about 0.3 per cent of the world oil reserves. Most of Australia’s known remaining oil resources are condensate and liquefied petroleum gas (LPG), which is found in giant offshore gas fields such as Browse, Carnarvon and Bonapa...

The ASX had no direction to follow this morning as Wall Street closed for a public holiday yesterday. Left to its own devices, the Aussie share market ended its week of record closes with a slight decline. The benchmark ASX 200 index to...

Warrego Energy (WGO) is finally opening up an office in Perth The company has held the successful West Erregula project in the Perth Basin since 2008 In 2018, Strike Energy bought 50 per cent of the project in a joint venture with Warrego...

Special Report: Warrego Energy has pulled off a significant recruiting coup as it ramps up commercialisation activities associated with the development of the newly discovered West Erregulla gas field in the Perth Basin. Warrego (ASX: WGO),...

The Pact Group Holdings Ltd (ASX: PGH) share price has been a strong performer on Tuesday. In morning trade the packaging company’s shares are up 6% to $2.85. At one stage they were up as much as 8% to $2.91. This makes it the third-best p...

Last year’s thumping 18.3 per cent gain in the Australian market (S&P/ASX200) has got investors wondering where they might be able to bag some big gains in 2020. Selective investment in the resources could be the answer, judging by the...

A new year brings a new raft of developments from Australia’s small cap oil and gas companies, which have operations not only locally but also in other parts of the world. It can be a little overwhelming given the sheer number of wells, tie...

Gas is the other major hydrocarbon aside from oil and is used primarily to generate electricity and for appliances such as heaters and stoves. Unlike oil, which has both the Brent and West Texas Intermediate benchmarks, the high capital cos...

The S&P/ASX 200 index looks set to finish the day in the red on Thursday. In afternoon trade the benchmark index is 0.15% lower at 6,840.4 points. Four shares that have fallen more than most today are listed below. Here’s why they are...

Marenica Energy (ASX:MEY) has powered up its uranium resources after acquiring a suite of tenements in the Northern Territory and Western Australia from Optimal Mining. The acquisition of the Angela, Thatcher Soak and Oobagooma projects as...

Energy stocks made modest gains this year with the S&P ASX200 Energy index rising 13.8 per cent over the past year to 11,546.1 points. It has been a mixed year for oil with the ongoing dispute between the US and China keeping oil prices...

Each Monday, Stockhead recaps which stocks are most heavily in demand by investors — running hot. The analysis is based on the Relative Strength Index (RSI), a technical gauge which measures how trading momentum is affecting the price actio...

Strike Energy has completed a 3D seismic geophysical survey at its Walyering conventional gas discovery in the southern Perth Basin.

Natural gas prices witnessed spike in the recent months over the increased demand in the northern hemisphere due to the cold weather and the shift in global stance towards the clean energy sources. The demand for natural gas supported the A...

Australia’s east and west coasts are both producing record amounts of gas, but that’s where the similarities end. In the September quarter, the east coast produced a record 500 petajoules while the west produced 108.5 petajoules, according...

The S&P/ASX 200 index is on course to record another sizeable decline on Wednesday. In afternoon trade the benchmark index is down 1.5% to 6,609.6 points. Four shares that have fallen more than most today are listed below. Here’s why t...

The Perth Basin has been hot in recent months thanks to the success of Warrego Energy (ASX:WGO) and Strike Energy (ASX:STX). Even neighbouring companies such as Pilot Energy (ASX:PGY) have surged from the hype. Now Red Emperor Resources (AS...

Warrego Energy Limited (ASX: WGO) announced that the Operator of EP469, Strike Energy Limited has released an initial 2C Contingent Resources estimate of 1,185BCF (billion cubic feet) for the Kingia and High Cliff Sandstones. WGO also updat...

The Explorers is Stockhead’s in-depth look at the people behind some of Australia’s most innovative and courageous junior mining companies. This week, Reuben Adams chats with experienced mining investor Tim Goyder. Tim Goyder is having one...

Strike Energy has commenced a 3D seismic geophysical survey at its Walyering conventional gas discovery in the southern Perth Basin.

Buru Energy (ASX:BRU) looks set to boost its oil production with the company completing a third lateral (horizontal) from its Ungani-7H production well in the Canning Basin, Western Australia. Once this lateral is completed, the company wil...

The Strike Energy Ltd (ASX: STX) share price has plummeted 4.17% today after announcing a $35 million equity raising. What did Strike Energy announce? Strike said it has completed a share placement to raise $30 million before costs on the...

Petra Capital is out raising $35 million for South Australia-based oil and gas explorer Strike Energy.

The S&P/ASX 200 Energy index has risen from 10,766.026 points on 18 October 2019 to 11,063.5 on 28 October 2019, an improvement of around 297 points in last ten days. Today (28 October 2019), the index is up by 58.9 points. Many energy...

In afternoon trade the S&P/ASX 200 index has given back the majority of its morning gains but is still trading higher. At the time of writing the benchmark index is up 0.1% to 6,746.3 points. Four shares that have failed to follow the...

A revision of prospective resources has led to a gas resource upgrade for Norwest Energy (ASX: NWE) at its Lockyer Deep and North Erregulla Deep prosects, which are close to Strike Energy (ASX: STX) and Warrego’s (ASX: WGO) West Erregulla-2...

Sometimes all you need is for your neighbour to break out some good news in order to get some of the reflected glory. This is exactly the position that Norwest Energy (ASX:NWE) is in after Strike Energy (ASX:STX) and Warrego Energy’s (ASX:W...

Strike Energy has generated exceptional flow test results from its exciting West Erregulla gas discovery well in the North Perth Basin.

In afternoon trade the S&P/ASX 200 index is on course to finish the week on a very positive note. At the time of writing the benchmark index is up a solid 0.65% to 6,737 points. Four shares that have failed to follow the market higher...

The Strike Energy Ltd (ASX: STX) share price is 2% lower at 28 cents today despite the gas explorer boasting of more “outstanding” flow test rate results at its West Erregulla 2 gas fields. Strike is in a half/half joint venture with Warre...

It is the result that everyone with any interest in the Australian oil and gas industry has been waiting for; the flow test numbers from Warrego Energy (ASX:WGO) and Strike Energy’s (ASX:STX) West Erregulla-2 gas well in the Perth Basin. An...

Strike Energy has commenced flow testing at its exciting West Erregulla gas discovery well in the Perth Basin.

Strike Energy Ltd [ASX:STX] is an independent oil and gas exploration company. Today the Strike Energy share price is up close to 4% at time of writing. Strike Energy has assets in the Perth Basin in Western Australia and the Cooper Basin i...

In morning trade the Lynas Corporation Ltd (ASX: LYC) share price has pushed higher following the release of its quarterly update. The rare earths producer’s shares are up 2% to $2.58 at the time of writing. What happened in the first quar...

This morning Strike Energy Ltd (ASX: STX) reported an operating cash loss of $6.47 million on no sales, but for now investors are not too worried about its cash flows. The stock went gangbusters over the September quarter after the gas dri...

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by “selling” stocks you do not actually own in the hope of...

The Australian oil and gas industry is centred around gas. While earnings from crude oil, condensates and liquefied petroleum gases hit $10.1b in the 2018-2019 financial year, Australian liquefied natural gas exports were worth nearly five...

Stock analysis veteran and lover of the oil and gas game, Peter Strachan, is putting aside the Bloomberg terminal and picking up the microphone for another instalment of The Wildcatter Podcast. In this latest episode, Peter interviews Strik...