Strike Energy

strike energy is an independent oil and gas exploration and production company founded in 1997 and listed on the australian stock exchange in 2004 (asx: stx). the company is based in adelaide, australia. the company’s primary focus is the rapid commercialisation of the large scale gas resource located within its southern cooper basin gas project. this project is critical to helping fix the supply and demand imbalance currently present in the eastern states of australia. the successful development of this resource and subsequent supply to the australian east coast gas markets will deliver significant value to the company’s shareholders and provide much needed gas to eastern australian customers. strike has exploration permits and applications over approximately 2.3 million net acres (approx 9,232 km2) within the cooper basin. the cooper basin is australia’s most prolific onshore oil and gas region and is now recognised globally for its untapped unconventional gas potential. strikes posi