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How Will Strike Energy Deploy A$103m to Power Perth Basin Growth?

9:08am on Tuesday 22nd of July, 2025 AEST Energy
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How Will Strike Energy Deploy A$103m to Power Perth Basin Growth?

9:08am on Tuesday 22nd of July, 2025 AEST
Key Points
  • A$88 million two-tranche placement by Carnarvon Energy at A$0.12 per share
  • Non-underwritten Share Purchase Plan to raise up to A$15 million, subject to shareholder approval
  • Funds to support South Erregulla, West Erregulla, and Walyering project developments
  • South Erregulla on track for first production by October 2026
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