Ann: Strike Takeover Offer for UIL Energy, page-109

Apologies if this has been posted before. FYI.

Post from SN LinkedIn yesterday:

"Today Strike Energy launched it's all scrip Bid for UIL Energy, an ASX listed Perth Basin focused exploration company. The addition of UIL's acreage to STX's position in the Perth Basin will provide significant running room in the highly valuable Kingia-High Cliff play which is the home of the Waitsia gas field. If successful the resulting combined entity will possess ~6,000km2 across the Cooper Basin and some ~3,000 km2 in the Perth Basin.

Strike's Southern Cooper Basin Gas Project and Jaws pilot remains the central focus of the businesses. However, the addition of this vast acreage position in WA gives the company great scale, optionality and geological diversity. Strike is building towards multiple transformational events over the coming 9 months in both the East and West. Many thanks to Strike's advisors on the transaction Azure Capital and Allen & Overy"