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Oil and gas exploration firm Strike Energy has signed an agreement with Wesfarmers subsidiary CSBP to convert its gas supply option to a firm 100 petajoule (PJ) gas offtake arrangement at a rate of 25 terajoules/day (TJ/d) over a period of 11 years.
The West Erregulla onshore gas field in Perth, Western Australia, is slated to begin gas production around late 2024.
The West Perth-based company’s buyout offer for Talon Energy appears back on the table after investor backlash at Talon.
Extra Edition of the Broker Call Report
Strike Energy's development of its gas fields portfolio will contribute significantly to economic growth, employment and infrastructure development...