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An announcement from Strike Energy Limited ( (AU:STX) ) is now available.
Strike Energy has postponed the release of its updated reserves and resources certification for the West Erregulla and Erregulla Deep projects, shifting the expected completion to the first quarter of 2026. The company said additional time is needed to finalise an independent review and ensure its disclosures are robust, defensible and compliant with Petroleum Resource Management System best-practice standards, stressing that the delay does not reflect any adverse technical outcomes and is subject to internal governance and joint venture approvals.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.11 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 an ASX-listed energy company focused on the exploration and development of petroleum resources, including gas, in Western Australia. Its portfolio includes the West Erregulla and Erregulla Deep projects, where it is working to define and certify reserves and resources in line with recognised industry standards.
Average Trading Volume: 4,662,811
Technical Sentiment Signal: Sell
Current Market Cap: A$377.9M
Learn more about STX stock on TipRanks’ Stock Analysis page.