Articles On Strike Energy (ASX:STX)

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...

The Strike Energy Ltd (ASX: STX) share price is going gangbusters today, currently up 14.6% at 17 cents apiece after rocketing out of the opening gates with an early 18% surge. Below, we take a look at the ASX oil and gas explorer’s field...

Strike Energy (STX) and Talon Energy (TPD) confirm the presence of high quality, low carbon dioxide (CO2) gas at the Walyering gas field in the Perth Basin The joint venture partners have officially completed their appraisal of the Walyeri...

Strike Energy (ASX:STX) has clocked in what appears to be another success in the Perth Basin, with its Walyering-5 appraisal well confirming the presence of a high-quality conventional gas accumulation at the Walyering gas field. The inters...

The ASX closed the fourth last week before Christmas up for the day, but once again down for the week. The ASX 200 closed 0.22% higher at 7,241 but down 0.52% for the week – the fourth straight week it has finished down. Energy was the top...

Strike Energy Ltd (ASX: STX) shares aren’t sparking up on Friday — instead, they’ve been plunged into a trading halt. The oil and gas explorer and developer has frozen its shares as it prepares to make an announcement regarding its Walyeri...

ASX recovered some lost ground in arvo trade but still finished 0.54% down, as markets continue to be shaken by the discovery of the omicron variant of COVID-19 and falling oil prices. Resources and tech managed to finish in the green – by...

Shares in oil and gas development company Strike Energy Ltd (ASX: STX) are trading up 3% in the green on Monday and are now swapping hands at 16.5 cents apiece. Strike Energy shares started the session poorly and traded as low as 15 cents...

Strike Energy (STX) and Talon Energy (TPD) drill the Walyering-5 well in the Perth Basin to its maximum depth of 3435 metres eight days ahead of schedule Strike, which operates the well, says it observed elevated mud gas levels, low weight...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Trigg Mining (TMG) appoints Salina Michels as Chief Financial Officer (CFO) and Company Secretary, effective immediately She will be replacing Karen Logan who has resigned but hasn’t announced her reason for leaving Ms Michels is highly e...

The company is approaching a decision on its West Erregulla field in the Perth Basin, which should be in production by late-2023.

Talon Energy’s partner Strike Energy has kicked off the much-anticipated drilling at their highly prospective Walyering-5 appraisal well in the Perth Basin, which if successful has the potential to significantly re-rate Talon’s Condor Struc...

Talon Energy (TPD) and Strike Energy (STX) report they’ve successfully spud the Walyering-5 well in the Perth Basin of Western Australia Both energy stocks are working together to explore the area under the EP447 joint venture, which Talon...

Oil and gas prices are rising, a fact that anyone who has been to the pumps in recent weeks will know from their empty wallets. And it is only going to get worse given that changes in international crude prices can take about two weeks to w...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI).   Bitcoin proxy Digital assets are just about everywhere at the moment, so it’s perhaps no surprise to see them popping up on t...

Strike Energy (ST1) capped off a busy start to the 2022 financial year by announcing it had been added to the ASX 300 following a rebalance The energy stock spent much of Q1 FY22 focused on West Erregulla where it concluded its drilling ca...

It’s no secret there’s plenty of exploration activity going on in Western Australia’s oil and gas rich Perth Basin, but what is starting to become more apparent is just how competitive the resources from this region could be.  Last week Str...

Talon Energy (TPD) and joint venture partner Strike Energy (STX) complete site works at the Walyering-5 well in the onshore Perth Basin, Western Australia TPD says it is waiting for the the drill rig to arrive from the Lockyer Deep well be...

Minerals 260 (ASX:MI6) listed today and the market likes the look of the Liontown Resources (ASX:LTR) spinout, with the price rising 20%. Liontown has held the Moora gold-nickel-copper-PGE project near Julimar since 2018, with the asset now...

Minerals260 (ASX:MI6), a spinoff from Liontown Resources (ASX:LTR), enjoyed a positive debut despite the ASX finishing down again. The ASX 200 retreated 0.26% to close at 7,821 points with all sectors in the red except consumer staples and...

The S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. In afternoon trade, the benchmark index is down 0.4% to 7,269.9 points. Four ASX shares that are falling more than most today are listed below. Here’s why...

Highlights ANZ shares rose after Farhan Faruqui took charge as CFO of the company. Commonwealth Bank shares dropped amid report of civil penalty proceedings against the lender. Strike Energy shares plunged despite delivering its maid...

A reserves update from the duo’s West Erregulla gas project in the Perth Basin has disappointed investors.

The ASX retreated again as angst over inflation and the withdrawal of stimulus continued to weigh on global markets. The ASX 200 closed at 7,300 – 0.28% lower than Friday’s close. Tech was the biggest laggard, losing nearly 3% but energy an...

In late trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a decline. At the time of writing, the benchmark index is down 0.3% to 7,296.9 points. Four ASX shares that are falling more than most today are listed...

Strike Energy (ASX:STX) has defined a gross proved and probable (2P) reserve of 300 petajoules for its West Erregulla field that highlights the emergence of the Perth Basin as Australia’s next gas province. To top it off, this resource cove...

The Strike Energy Ltd (ASX: STX) share price is falling hard in early trade. Below, we take a look at the ASX energy share’s gas reserve update. What gas reserve update did Strike announce? Strike Energy’s share price is tumbling despite t...

Strike Energy (STX) delivers its maiden Perth Basin gas reserve in Western Australia, just two years after its first exploration operations started Subsurface consultancy, Netherland, Sewell & Associates Inc (NSAI) has given certifi...

Metgasco and its partners are on track to secure a rig to drill the Cervantes-1 oil exploration well that targets a lookalike of the Hovea oil field, with Waitsia type reservoir quality, in the onshore Perth Basin, WA. The joint venture has...

Joint venture partners Metgasco (ASX: MEL), Vintage Energy (ASX: VEN) and private company RCMA Australia have entered a rig sharing contract with fellow oil and gas explorer Strike Energy (ASX: STX) with a view to drill the Cervantes-1 well...

  BHP flashes green credentials, but is it doing enough? BHP’s annual ‘climate change report’ is now a ‘climate action report’. What a difference a year makes when it comes to nomenclature. The action its referring to is at least a little m...

ShareCafeSTX – Macquarie rates the stock as Outperform Strike Energy has signed an MOU with Infinite Blue and ATCO to secure additional hydrogen for Project Haber urea. Macquarie observes the company is pursuing a net zero plan that will en...

Energy is having its day in the sun this week on the back of oil prices rising to a six-week high, leading the Bank of America to suggest that crude could hit the US$100 per mark if winter in the northern hemisphere turns out to be colder t...