tiprankstipranks
Strike Energy Secures Key Approvals for WA Gas Project
Company Announcements

Strike Energy Secures Key Approvals for WA Gas Project

Strike Energy Limited (AU:STX) has released an update.

Don't Miss our Black Friday Offers:

Strike Energy Limited has been awarded the full 85 MW of Certified Reserve Capacity Credits and the requested Network Access Quantity for its South Erregulla peaking gas power station by AEMO. With a published capacity price of $216,092 per MW per annum for 2026, the project is poised to generate over $18 million in its first year, not including additional forecasted energy sales and ancillary services revenue. These milestones significantly de-risk the project as it approaches its Final Investment Decision in November 2024.

For further insights into AU:STX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskStrike Energy Advances Operations Amid Market Uncertainties
TipRanks Australian Auto-Generated NewsdeskTriangle Energy Secures Rig for Perth Basin Exploration
TipRanks Australian Auto-Generated NewsdeskStrike Energy Eyes Growth in Perth Basin Assets
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App