Strike Energy Limited (AU:STX) has released an update.
Strike Energy Limited announces an update on its Walyering gas field, revealing that independent certifiers RISC Advisory have certified 57 PJe of 2P Reserves and 2C Resources. The company has generated $64 million in gross sales revenue from the field and achieved payback in May. Furthermore, Strike is on track with the Walyering-7 tie-in, which is expected to be completed by the end of September, and is also planning to drill the Walyering East structure within the year.
For further insights into AU:STX stock, check out TipRanks’ Stock Analysis page.
