Articles On Strike Energy (ASX:STX)

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...

Strike Energy has attracted iron ore heavyweight, Nev Power, to its board as it lines up testing of its West Erregulla-2 gas well in the Perth Basin.

Two big names have been involved in board movements in two WA-based companies today.

Strike Energy has finalised the drilling activities at its West Erregulla-2 well in the Perth Basin, with production testing starting next month.

The runaway success of Strike Energy (ASX:STX) and Warrego Energy’s (ASX:WGO) West Erregulla-2 well has placed the Perth Basin in the limelight. It has confirmed that the target Kingia and High Cliff sandstones, which have produced gas in t...

Special Report: Nearly 800 delegates attended last week’s RIU Good Oil Conference and it was clear the enthusiasm is returning to the sector on the back of a number of game changing discoveries. Jaxon Crabb, business development manager –...

The lift in the price of oil to six month highs on the threat of Middle East supply disruptions has breathed life into a sector that had been in the doldrums for several months amid slowing global growth which has kept the price under press...

Liquified Natural Gas (ASX: LNG) has announced an alliance with Delta OffShore Energy to supply LNG to Vietnam. LNG subsidiary Magnolia LNG will deliver 2 million tonnes of LNG to Delta and Delta will deliver it to Vietnamese province Bac L...

Mongolian focused gas explorer, Elixir Energy Limited (ASX:EXR), this morning provided an update on current field operations in its 100% owned Nomgon IX coal bed methane (CBM) production sharing contract (PSC) in the south of Mongolia proxi...

Strike Energy has increased the net gas pay zone in the Kingia sandstone within its West Erregulla-2 well in WA by 17m to 58m.

Shareholders in either Strike Energy Ltd (ASX: STX) or Warrego Energy Ltd (ASX: WGO) will be thanking their lucky stars this month after a joint venture operated by the two resources explorers announced a “staggering” WA conventional gas d...

Red Sky Energy (ASX:ROG) has struck a farm out deal and operating agreement with Santos on its Cooper Basin oil and gas licences. Santos can earn an 80 per cent interest by sinking up to $9m into Red Sky’s Innamincka Dome projects. In addit...

11 Sep 2019 - Strike Energy (ASX:STX) reports a significant upgrade to the view of the Kingia sandstone conventional gas discovery at West Erregulla-2.

There’s no doubt that the small end of the oil and gas sector is heating up, having already delivered shareholders some major recent gains. In London, Mongolian-focused oil and gas exploration company Petro Matad (AIM:MATD), has been one of...

Australia’s oil and gas industry has hit new production records with liquefied natural gas (LNG) output expected to continue rising significantly over the next quarter, according to consultancy EnergyQuest. In its newly released Energy Quar...

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...

Strike Energy is preparing to start the critical controlled drawdown phase at its Jaws-1 coal seam gas well in the Cooper Basin, South Australia.

The S&P/ASX 200 index has started the week on a mildly positive note and is on course to record a small gain. In afternoon trade the benchmark index is up 0.1% to 6,654 points. Four shares that have failed to follow the market higher t...

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) rose by 0.09% on Friday. Australian Dollar ($A) (AUDUSD): 68.46US cents Dow Jones (DJI): up 0.26% Oil (WTI): $US56.79 per barrel Gold: $U...

The LNG markets are currently facing a supply glut, with Australia, Qatar, and the United States topping the global LNG export. The demand for natural gas across the globe for energy generation is on the rise; however, the oversupplied cond...

Diversification Diversification can be done by investing in different types of securities. This strategy of diversification may be helpful for those investors who try to reduce their investment risk.  Diversified stocks are the combination...

The S&P/ASX 200 index has followed the lead of U.S. markets and charged higher on Friday. In afternoon trade the benchmark index is 0.6% higher at 6,655.1 points. Four shares that have failed to follow the market higher today are liste...

Strike Energy has intersected 10m of net gas pay at the High Cliff sandstone target of its West Erregulla-2 well in the Perth Basin, WA.