Articles On Strike Energy (ASX:STX)

The Strike Energy Ltd (ASX: STX) share price has gone into a trading halt as the company undertakes an $80 million capital raising. Management is capitalising on the high Strike Energy share price to get the cash injection to fund what it...

WA gas play Strike Energy is cap in hand in front of investors seeking an $80 million equity injection. 

Strike Energy’s continued success at West Erregulla in the intensely gas-rich Perth Basin sets fellow Perth Basin gas hunter Talon Petroleum up well for the start of drilling at its Walyering prospect later this year.   Strike last week del...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

The Strike Energy Ltd (ASX: STX) share price is rising today after the company advised results from its gas exploration projects in Western Australia have been “above expectations”.  At the time of writing, the Strike Energy share price ha...

The ASX closed upwards again and all sectors were in the green. The ASX 200 rose 0.61 per cent to 6,928 points and the ASX Emerging Companies Index rose 0.52 per cent to 2,046 points. Topping the list of best performing sectors were energy...

The ASX picked up where it left off before the Easter break with another day of gains. The ASX 200 rose 0.84 per cent to 6,886 points and the ASX Emerging Companies Index rose 1.17 per cent, closing at 2,036 points. Utilities and energy wer...

The Strike Energy Ltd (ASX: STX) share price flew at the market open today, trading 3% higher. At the time of writing, the share price has retreated to  32 cents, up 1.59%. The positive movement comes after the company gave another update...

Source: nostal6ie Shutterstock Summary Strike Energy (ASX:STX) has completed a wireline operation to assess the Dongara & Wagina Sandstones The wireline data confirm a large gas column, and the company plans to commence coring ope...

Early indications are that Talon’s Condor prospect could deliver up to 10 times the gas resources the company is targeting at its Walyering prospect in the highly prospective Perth Basin. Talon Petroleum (ASX:TPD) has released initial estim...

Source: Kokhanchikov, Shutterstock Summary Warrego Energy has established itself as an emerging gas player by securing a long-term gas sales agreement for the West Erregulla Field. The Company is undertaking an appraisal drilling camp...

The Warrego Energy Ltd (ASX: WGO) share price is higher today after the company released its half-year report for FY21. At the time of writing, shares in the company were swapping hands for 24 cents – up 4.35% on yesterday’s close. In comp...

Summary Recently, Warren Buffett’s Berkshire Hathaway has invested US$4.1 billion in oil and gas giant, Chevron Corporation. Crude oil prices have recovered from the supply-glut phase, boosting up the Brent crude oil prices to around U...

Summary Strike Energy has successfully drilled the 20” section of WE4 up to 1,003m. The casing has been cemented. Immediate focus is the drilling of the first intermediate 17-1/2” section of the well WE4. Australian oil & gas...

Summary During December quarter, Warrego Energy suspended the WE-3 well on the West Erregulla Project after hitting an over-pressured gas column. The Company has upsized the gas processing facility to 80TJ/d in view of its gas sales ag...

If you have any interest at all in Australian oil and gas stocks, you will know that Strike Energy (ASX:STX) ... Read More The post The stakes are high – will Strike strike out or hit a gas home run? appeared first on Stockhead.

Michael Gable is an expert guest commentator for the Finance News Network, presenting “Stock Watch” each week – covering stock tips and shares on the Australian market (ASX). This video is dated 11 January 2021.  Shares covered: (ASX:RIO),...

Summary Strike Energy (ASX:STX) has hit an expected over-pressured gas column at the WE3 well. The well is part of an appraisal campaign at the West Erregulla field to test the accumulated commercial gas. The operations would be tempo...

In late morning trade the S&P/ASX 200 Index (ASX: XJO) is on course to start the year on a high. The benchmark index is up 0.9% to 6,645.4 points at the time of writing. Four shares that have failed to follow the market higher today ar...

Summary Warrego Energy reports 6m of net pay while drilling through the Dongara and Upper Wagina sandstone on the West Erregulla 3 well. West Erregulla 3 well is currently drilling beyond 4,279m in the Carynginia Shale and will be dril...

Strike Energy (ASX:STX) has received support for its geological model in the North Perth Basin, Western Australia, with its West ... Read More The post Strike hits gas in secondary targets at West Erregulla 3 appeared first on Stockhead.

22 Dec 2020 - Oil and gas explorer, Strike Energy (ASX:STX) has received $8 million in deferred Research and Development refunds.

The Strike Energy Ltd (ASX: STX) share price was trading higher today following news of a new pipeline for the Western Australia gas market. At close of trade today, the Strike Energy share price is up 1.92% to 26 cents. In comparison, the...

09 Oct 2020 - Oil and gas exploration company Strike Energy (ASX:STX) has finalised terms with Macquarie Bank for a $28 million, two year, secured debt facility to cover appraisal …

ShareCafeSTX – Credit Suisse rates the stock as Outperform Credit Suisse observes, unlike sector peers which have sustained lower prices and strained balance sheets, Strike Energy has avoided adverse impacts from the pandemic. Growth remain...

Western Australia’s Perth Basin is becoming one of Australia’s leading gas provinces thanks to recent exploration success like the ultra-deep West Erregulla-2 well and the more recent Beharra Springs Deep-1 well. The region’s rise to fame b...

Special Report: Brisbane-based accountant turned company founder and investor Stephen Bizzell has established a phenomenal record for creating and crystallising shareholder value over the past few decades. His best-known success might be Ar...

–The below is a company sponsored announcement– Key Petroleum Limited ((KEY)) is emerging as one of Western Australia’s brightest oil and gas explorers. The company has a well-established position in the Perth Basin, having focused on a n...

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...