Strike Energy Ltd traded at 0.10 this Monday February 2nd, decreasing 0.01 or 9.09 percent since the previous trading session. Looking back, over the last four weeks, Strike Energy lost 9.09 percent. Over the last 12 months, its price fell by 55.56 percent. Looking ahead, we forecast Strike Energy Ltd to be priced at 0.11 by the end of this quarter and at 0.10 in one year, according to Trading Economics global macro models projections and analysts expectations.
Strike Energy Limited is an Australia-based energy company. The Company is an independent gas producer, developer and explorer focused on its quality conventional gas resources in the Perth Basin. Its projects in the Perth Basin include the producing Walyering gas facility, South Erregulla peaking gas power project, West Erregulla and Ocean Hill. The Walyering gas field sits in production license L23. The field is situated approximately 150 km north of Perth near the town of Cataby in the Mid-West. The South Erregulla field sits within L 24 and EP 503. It is situated approximately 350 km north of Perth near the town of Dongara in the Mid-West. The West Erregulla field sits within EP 469 which is operated and owned 50% by the Company. The Ocean Hill sits within EP495, situated approximately 350km north of Perth near the town of Eneabba. The Company also owns 100% of the geothermal rights in the Perth Basin, covering approximately 3,500 square kilometers (km2), namely The Precinct.