Strike Energy: Powering WAs Energy Transition

Strike Energy (ASX: STX) is strategically positioned to meet Western Australia’s growing energy demands while supporting the transition to a low-carbon future. With a diverse portfolio of gas assets across the Perth Basin, Strike is developing domestic gas supply, gas-fired power generation, and high-impact exploration projects. The company’s Walyering gas field is producing 25 TJ/day, generating substantial revenues, while the South Erregulla Peaking Power Plant is under construction to provide 85 MW of flexible power generation by 2026. With WA phasing out coal by 2030, gas remains critical for energy security and grid stability.

Strike’s vertically integrated gas-to-power model offers a cost advantage, reducing reliance on third-party infrastructure. A strategic review is underway to optimize its portfolio, unlocking further shareholder value. As WA’s newest domestic gas producer, Strike drives energy security, supports renewables, and capitalizes on rising demand, ensuring long-term sustainable growth.

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