Strike Energy has signed a gas offtake option agreement with major chemical manufacturer CSBP for the supply of up to 100 petajoules of gas from the upcoming West Erregulla-2 well in the Perth Basin, WA. CSBP will pay a $5 million option fee to help fund the cost of drilling the well, which targets up to 1.16 trillion cubic feet of gas in the Kingia High Cliff sands and 7.2 million barrels of oil in the Jurassic Cattamarra Coal Measures.
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Strike EnergyClosing price for the last 90 trading daysPowered by Morningstar ®
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Rank Company Revenue 86th Strike Energy $5.6m 112th Critical Resources $2.8m 113th Ionic Rare Earths $2.8m 115th Finder Energy $2.7m 116th RareX $2.5m 598 listed resources wa companies ranked by revenue.
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