Strike Energy Limited (AU:STX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Triangle Energy Global Ltd, in partnership with Strike Energy Ltd and Echelon Resources Ltd, has obtained environmental approval to drill the Becos-1 well, targeting an estimated 5 million barrels of oil in the Bookara and Arranoo reservoirs. The drilling plans are advancing as rig tenders are evaluated, setting the stage for significant exploration activities under the EP 437 permit title.
For further insights into AU:STX stock, check out TipRanks’ Stock Analysis page.
