Latest Strike Energy (ASX:STX) News

Strike Energy unveils a strategic pivot focusing on gas-fired power and upstream gas projects to underpin Western Australia’s energy transition and deliver shareholder value.

Strike Energy’s latest seismic surveys reveal promising exploration and appraisal opportunities at Ocean Hill and Kadathinni, reinforcing its dominant position in the Perth Basin gas market.

Strike Energy has taken a final investment decision on its South Erregulla 85 MW peaking gas power station and confirmed significant gas discoveries at Erregulla Deep and Walyering East-1, positioning the company for growth amid a strategic leadership transition.

Strike Energy has obtained $162 million in credit approval from Macquarie Bank, advancing its $217 million financing package to refinance debt and develop the South Erregulla Power Project.

Strike Energy announces the resignation of CEO Stuart Nicholls, appointing Jill Hoffmann as Acting CEO while initiating a strategic review to unlock shareholder value.