Strike Energy (ASX: STX) represents one of the few success stories at the present time throughout the entire energy sector. The company's achievements to this point are a reflection of its methodical approach to acreage selection, exploration and appraisal activity, as well as the securing of significant cornerstone has customers.... Show More
Strike Energy (ASX: STX) represents our preferred ‘unconventional’ energy play. Few companies can offer investors such high-quality exposure to the huge, untapped potential of unconventional energy within South Australia’s Cooper Basin. Strike's clear focus is on defining the commercial viability and overall resource extent of its project, with the ultimate... Show More
We believe that a merger of BPT and DLS is more likely following the departure of DLS MD Brad Lingo last week. Seven Group (SVW) has bought 19.9% in both BPT and DLS over the last six months, at a cost close to $400m. Seven is keen to see consolidation... Show More
Strike Energy (ASX: STX) is our preferred ‘unconventional’ energy play, with a focus on defining the commercial viability and overall resource extent of its Southern Cooper Basin Project, with the ultimate aim of delivering gas under long-term supply arrangements to markets in Eastern and Southern Australia. Strike has recently advised... Show More
Drillsearch (DLS) production upgrade puts focus on Cooper Basin energy players. Drillsearch yesterday surprised the marjet and upgraded expected oil production from the Bauer field by more than a million barrels of oil equivalent. The way production is coming from the Western Flank oil fairway exceeding expectations in every respect,... Show More