STX 2.27% 21.5¢ strike energy limited

Ann: Letter to Shareholders, page-3

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    Strike’s Southern Cooper Basin Gas Project is rapidly progressing towards potential commercialisation, with the ongoing Klebb pilot activities and the Demonstration Facility select phase engineering underway. The project is ideally located adjacent to the existing Moomba to Adelaide pipeline and the Company is in discussions with the pipeline owner regarding a new connection point in the PEL 96 permit area. Strike welcome’s the Government of South Australia’s announcement on 14 March 2017 that a second $24 million round of the PACE Gas Grant Program is now open. The measures taken by the South Australian Government to facilitate gas exploration and development in the State, including both the PACE Gas Grant Program and the PACE Royalties Return Scheme for landowners, are significant policy initiatives that will facilitate the commercialisation of the Southern Cooper Basin Gas Project.


    So perhaps they are going to go for another application too ?
 
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