Strike Energy – Walyering being developed after 9 months

August 25, 2022
Strike Energy – Walyering being developed after 9 months
Life Of Mine
Strike Energy – Walyering being developed after 9 months

Aug 25 2022 |

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Show Notes

Strike Energy (ASX:STX)

– The Walyering gas field has been sanctioned for development in only 9 months from its announced discovery. (55% Strike, 45% Talon Energy)
– Walyering will now transition into construction with a gross $14.4 million budgeted development cost. 
–  Commissioning gas is expected to enter the upstream facility by the end of CY22 with first gas sales targeted in Q1/23.  
– Strike has secured $10 million from Macquarie Bank Limited to fund its $7.9 million share of the development costs.

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