Overview
Strike Energy is focused on Australia and the USA because of our experience, technical capability and relationships in these markets. Our unconventional shale oil & gas projects and our conventional exploration and production assets present shareholders with substantial value upside.
Strike is a leading exploration company in Australia’s Cooper and Eromanga Basin. We have more than four million net acres (over 16,000 km2) of exploration permits and applications with substantial unconventional (coal and shale) potential and 6.1 Tcf prospective resource. We also have exploration permits in the Carnarvon Basin and rights over a 578 million tonne lignite resource in South Australia.
Strike’s international assets are in Texas, the USA’s most established hydrocarbon producing state. We have over 8,000 net acres within the highly sought after Eagle Ford Shale and 1,875 net acres within the Permian Basin. We also have conventional producing and exploration assets targeting the Wilcox sands.
Strike's Key Assets:
|
ASSET |
LOCATION |
INTEREST |
NET AREA |
POTENTIAL |
|
Cooper Basin |
South Australia |
35% - 100% |
16,106 km2 |
Australia’s most prolific onshore basin Extensive hydrocarbon bearing shales, coals & sands Prospective resource 6.1 Tcf (net) |
|
Eagle Ford Shale (Eagle Landing JV) |
Texas, USA |
27.5% |
Over 8,000 acres |
Highly prospective liquids-rich Eagle Ford Shale |
|
Permian Basin |
Texas, USA |
25% |
1,875 net acres |
Conventional production and reserves 500 million barrels (net) OOIP Very large Lower Clearfork Shale formation |
|
US Conventional - Eaglewood JV |
|
|
|
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