STX 2.08% 23.5¢ strike energy limited

Ann: Highly significant gas discoveries at Erregulla Deep-1, page-649

  1. 1,323 Posts.
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    I just asked Stuart to clarify the trip to Houston for Gastech next week.

    US independents have done well in the last few years and are well cashed up. As they live in their echo chamber a bit, he will go and show them Strike because the gas price is 3x higher, our wells flow 3x stronger and recover 5x more gas.

    Also, Gastech attracts global gas players and with Strike's exploration business demonstrating upside, there could be LNG opportunities in our future, subject to the policy going that way. Stuart and his team now know enough about the portfolio to put it on a global stage.

    As he has said previously and publicly, a farm out of Arrino / Kadathinni or Ocean Hill may be considered for the right partner on the right terms.

    Also, companies like Tamboran have shone a light on Australia and US equity investors are interested.
 
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