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An update from Strike Energy Limited ( (AU:STX) ) is now available.
Strike Energy Limited announced the completion of an independent certification by RISC Advisory for its Ocean Hill and Ocean Hill South resources. The certification, following a 3D seismic survey, revealed 2C Contingent Resources of 180 PJ and unrisked 2U Prospective Resources of 190 PJ at Ocean Hill, with an additional 678 PJ at Ocean Hill South. This update underscores the significant potential of Strike’s Perth Basin portfolio, enhancing its market positioning and offering a clear pathway to market via the Dampier to Bunbury Natural Gas Pipeline.
The most recent analyst rating on (AU:STX) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
More about Strike Energy Limited
Strike Energy Limited is a company operating in the energy sector, focusing on the exploration and development of natural gas resources. It is primarily engaged in the Perth Basin, where it owns and operates various gas projects, including the Ocean Hill area.
Average Trading Volume: 6,583,459
Technical Sentiment Signal: Sell
Current Market Cap: A$362.8M
Find detailed analytics on STX stock on TipRanks’ Stock Analysis page.