PERTH – ASX-listed Strike Energy on Thursday unveiled a gas acceleration strategy to bring up to four gasfields into commercial production by 2025, using the near A$136-million in proceeds from the sale of its Warrego Energy stake to suitor Hancock Energy.
Strike Energy in a statement said that the development of the four gasfields would be subject to the successful outcomes of appraisal activities and, where required, joint venture processes.The four gas production targets are Walyering, which is due to commence production early this year, West Erregulla, South Erregulla and Ocean Hill.
“Strike’s fully funded gas acceleration strategy provides a compelling investment opportunity.
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