Articles On Strike Energy (ASX:STX)

Every industry or sector has its key role in developing an economy. In Australia, the energy sector is a major contributor towards its economic development in terms of employment, export earnings and GDP. The country has abundant and divers...

Strike Energy has intersected extended drilling breaks with elevated mud gas readings in the High Cliff sandstone at its West Erregulla-2 well.

Strike Energy Limited (ASX: STX) confirmed a gas discovery at the Strike-Warrego Joint Venture of West Erregulla in Perth basin. As part of a drilling campaign, Strike discovered gas at the Kingia sandstone. Strike farmed into the explorati...

Key Petroleum (ASX: KEY) has revealed Strike Energy (ASX: STX) and Warrego Energy’s (ASX: WGO) West Erregulla-2 discovery is close to its own permits in the Perth Basin. According to Key, the companies’ reported a “staggering” discovery wit...

Strike Energy has intersected a 41m long gas net pay zone with good average porosities of 14.3% in the Kingia sandstone target at its West Erregulla-2 well.

Special Report: Warrego Energy and Strike Energy have hit a gross gas column even thicker than the game-changing Waitsia field in WA. Warrego Energy (ASX:WGO) told its investors that the West Erregulla-2 joint venture has hit 41m of net pay...

It certainly has been a positive day of trade for the Warrego Energy Ltd (ASX: WGO) share price. In afternoon trade the oil and gas exploration company’s shares are up a whopping 62% to 30 cents. This latest gain means that Warrego Energy’...

Oil and gas duo Strike Energy (ASX: STX) and Warrego Energy (ASX: WGO) have made a major gas discovery in the Kingia sandstone during the drilling of West Erregulla-2 onshore Western Australia. The joint venture partners today announced the...

The Strike Energy Ltd (ASX: STX) share price has exploded by 58.6% after the company released an announcement to the ASX about a ‘staggering’ discovery this morning before market open. Strike shares had been in a trading halt since Friday...

What a difference a week makes. AJ Lucas (ASX: AJL) has gone from last week’s biggest gainer to this morning’s 2nd biggest loser. Overnight, a shale gas site operated by Caudrilla (in which AJ Lucas has a substantial stake) caused a major t...

Last week appeared to be a good time to buy, judging by the number of trades above $100,000; but two directors not only couldn’t buy, but had to sell. Why? The Taxman. Kogan’s (ASX:KGN) Harry Debney sold nearly $1m of stock to pay a tax bi...

Strike Energy has observed early signs that the primary objective at its West Erregulla-2 well in the Perth Basin, WA, may have good porosity.

Anticipation is building for Strike Energy (ASX:STX) and Warrego Energy (ASX:WGO) as they inch their way closer to the target formation at West Erregulla-2 in the Perth Basin. Operator strike told the market this morning that it had reached...

On Stockhead today, the disconnect between federal and state governments on coal, private equity deals are rising and an ‘avalanche’ is laying waste to lithium prices. But first, here’s what you need to know.   The day ahead Data Today the...

On Stockhead today, investors should fall back in love with junior explorers once tech and cannabis lose their appeal, Opthea may need a bit of cash but it’s recent success has put it in a strong position, and Antler has invested $1.2m in p...

Australian equity market turned jittery with US bond yields sliding down leading to inverted yield curve and simmering US China trade tension. S&P/ASX 200 witnessed worst single day dip in last 18 months, with $60 billion being wiped of...

This article discusses the recent updates made by these six companies as mentioned below. These companies have provided insights on the developments related to ongoing projects and the full-year results. Let’s now look at the updates and an...

On Stockhead today, how to get kids to drink milk infused with fish oil, stocks investors are shorting right now, and the big Chinese gold producer on the hunt for WA projects. But first, here’s what you need to know.   The day ahead At hom...

Further interpretation of wireline logs by Strike Energy has increased the net gas pay zone in the secondary objective Wagina sandstone to 10.2 metres.

Strike Energy (ASX: STX) and Warrego Energy (ASX: WGO) have upgraded a recent gas discovery made in the Wagina sandstone as drilling continues towards the deeper primary target of the West Erregulla-2 well onshore Western Australia. At the...

Resources sector makes contributions like economic wealth, employment, investment, tax revenues and high wages. Australia ranks amongst the top producers of mineral commodities such as bauxite, alumina, rutile, and tantalum in the world. It...

Warrengo Energy Ltd [ASX:WGO] & Strike Energy Ltd [ASX:STX] are soaring today after a fantastic find. The two gas explorers are up 20.6% and 12% respectively at time of writing. Continuing their upward share price momentum… The post Str...

The Strike Energy Ltd (ASX: STX) share price is again surging in trading today after the company released an announcement to the ASX before market open. The announcement provided an additional update on its West Erregulla-2 gas project in...

Wireline logging has confirmed that Strike Energy has made a gas discovery at its West Erregulla-2 well in the Perth Basin, WA.

The best performer on the All Ordinaries index on Thursday has been the Wellcom Group Limited (ASX: WLL) share price. In late morning trade the Australian production and content management company’s shares are up over 28% to $6.76. Why is...

In joint venture with Warrego Energy (ASX: WGO), Strike Energy (ASX: STX) revealed this morning gas had been discovered in the Wagina sandstone, which forms part of the West Erregulla-2 drilling campaign. Strike noted the Wagina reservoir c...

Strike Energy (ASX:STX) and Warrego Energy (ASX:WGO) have reported a “significant” conventional gas discovery at their West Erregulla-2 well – news that propelled shares in both companies much higher on Thursday morning. The discovery was m...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. The market opens at 10am (eastern time) and the data is taken at 10:15am, once every stock has commenced trading. Stocks highlighted in yel...

Special Report: Warrego Energy’s Perth Basin plans will become a little bit clearer soon, with wireline logs to be run on the ‘Waitsia lookalike’ West Erregulla-2 well, and a leading analyst says the chance of geological success appears ass...

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 will run wireline logs to evaluate the oil and gas shows it has intersected to date at the West Erregulla-2 well in the Perth Basin, WA.

Three directors of Cokal (ASX: CKA) all bought over $100,000 in shares last week – Karan Bangur, Patrick Hanna and Domenic Martino. Bangur easily bought the most, purchasing $925,781 in shares. In addition to being on Cokal’s board, Bangur...

The Pacific Energy Limited (ASX: PEA) share price has been a stand out performer on the All Ordinaries index on Wednesday. In afternoon trade the Perth-based power generation project developer’s shares have rocketed over 36% higher to a 52...

The Strike Energy Ltd (ASX: STX) share price is up 37.50% in trading today after the company released an announcement to the ASX before market-open, outlining an update on its West Erregulla gas project. Strike’s shares opened at 6.7 cents...

Gas has started flowing from the Basal Wagina formation, a secondary target at Strike Energy’s West Erregulla-2 well in the Perth Basin, WA.

Joint venture partners Strike Energy (ASX: STX) and Warrego Energy (ASX: WGO) have announced initial gas to surface while drilling the highly-anticipated West Erregulla-2 well at the Warrego gas project in Western Australia’s North Perth Ba...

Small cap oil and gas service provider Neptune Marine Services (ASX:NMS) has struck a deal to sell its key operating subsidiaries to vessel provider MMA Offshore (ASX:MRM) for potentially as much as $21.2m. The services being sold include a...

Mergers and acquisition activity in the ASX small cap sector is up 23 per cent this year. To date $5.6 billion in deals has been conducted whilst this time last year only $4.6 billion had been conducted. Stockhead has previously looked at s...

The Western Australian government is lifting its onshore fracking ban completely – a move that has been welcomed by junior oil and gas players. Late last year the government opened 2 per cent of the state up to fracking — the areas already...

The Australian Petroleum Production and Exploration Association (APPEA) plans to work closely with the Australian Government on any proposed gas market reforms. Ongoing investment could resolve and fund “the very tax cuts federal parliament...

Strike Energy has intersected hydrocarbon shows in two formations at its West Erregulla-2 well in the Perth Basin, Western Australia.

Strike Energy has gradually increased gas production at its Jaws-1 coal seam gas well in South Australia.

Strike Energy is continuing to drill its West Erregulla-2 well in the Perth Basin towards its primary gas target.

Oil and gas in Australia Oil and gas are primarily found in those geological basins that have been filled over decades by fragmented material. Laying the focal point on Australia, the country shows the movement towards a new phase of growth...

One area of the share market that is performing better than most on Thursday is the cannabis industry. A number of cannabis-related shares are trading notably higher today. Two in particular that have caught the eye are listed below. Here’s...

Strike Energy has spudded its West Erregulla-2 well that targets both gas and oil in the Perth Basin, WA.