Strike Energy Limited (AU:STX) has released an update.
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Strike Energy Limited reports a robust financial year for 2024, marked by their first gas production at Walyering, which is online after just 22 months of discovery. The company has achieved key milestones in exploration and secured a strong financial position with A$45.6 million in sales revenue and A$85.5 million in available liquidity. Looking forward, Strike Energy plans to significantly contribute to Western Australia’s energy system and create value for shareholders through its Gas Acceleration Strategy and upcoming large-scale projects.
For further insights into AU:STX stock, check out TipRanks’ Stock Analysis page.
