STX 12.0% 28.0¢ strike energy limited

signs of life on carnavon project

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    Relevant piece just came across the wire:http://english.capital.gr/News.asp?id=1333790

    Essentially:

    Australia has handed out nine new offshore permits that will open the door to petroleum exploration investment worth 380 million Australian dollars (US$380.8 million)and may benefit the country's long-term energy security, the federal government said Friday.

    Permits to explore waters off Western Australia state were awarded to Woodside Petroleum Ltd. (WPL.AU), Royal Dutch Shell PLC (RDSA RDSB), Mitsui & Co.'s (8031.TO) Mitsui E&P Australia, Cottesloe Oil & Gas Pty. Ltd. , Strike Energy Ltd. (STX/AU), WHL Energy Ltd. (WHN.AU) and Santos Ltd. (STO.AU).

    "These permits add greater momentum to offshore development, potentially reducing our dependence on fuel imports and strengthening our energy security."

    Good news and progress seems to be continuing here despite not being mentioned in the chairmans presentation the other day.
 
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