Strike Energy Ltd
STX: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Q.% | LOCK|g> | LOCK|HwB%x@# |
South Erregulla on Budget and Target
Business Strategy and Outlook
Strike is a holder of gas resources in Western Australia’s Perth Basin with a net combined 520 petajoules, or PJ, excluding prospective resources. Growth in resource positions via exploration drilling was rapid and is ongoing. Company strategy targets up to four sources of gas production coming online.
