Strike Energy

Strike Energy Limited is an Australian energy company focused on natural gas exploration and production in the Cooper Basin in South Australia. The company is pursuing unconventional gas resources in the Southern Cooper Basin through its ownership in Project Orbital and the adjoining Walyering tenement.

Strike owns the largest Perth Basin reserves and resources with 981 PJe of combined new 2P Reserves & 2C Resources eith good contrl as operator across all 3000sq.km. of acreage and 50-100% equity on all permits. The company is currently progressing with conceptual studies to underpin a development plan targeting the first gas production in 2025-26.

In addition to its Southern Cooper Basin gas assets, Strike has an established production hub at its North Cooper Basin permits which provides cash flow to support growth projects. The company produces sales gas, natural gas liquids, and condensate from several conventional reservoirs at an average rate of over 1,000 boe per day.

With its sizable unconventional resource base coupled with existing infrastructure and production, Strike Energy is positioned to become a major supplier into the East Coast domestic gas market. The company aims to progress Project Orbital towards a final investment decision in the coming years as it works to commercialize one of Australia's most promising new gas plays.