Strike Energy Ltd (ASX:STX)
A$ 0.215 -0.01 (-4.44%) Market Cap: 616.05 Mil Enterprise Value: 601.05 Mil PE Ratio: 71.68 PB Ratio: 1.36 GF Score: 39/100

Strike Energy Ltd at Vertical Events RIU Good Oil & Gas Energy Transcript

Sep 07, 2022 / NTS GMT
Release Date Price: A$0.26 (+4.00%)
Stuart Nicholls
Strike Energy Ltd - Managing Director & CEO

Well, hi, everybody. And as you heard in the very kind introduction, Strike is ASX 300 listed, net zero 2030 integrated, gas, renewables, and fertilizer developer. We're in the Perth Basin, we are taking our enormous natural gas endowment, and we're taking that as far down the value chain as we can through -- down to fertilizer, where we're accessing global gas pricing and a global gas market.

But we've got here through the back of about four years of very hard work in the Perth Basin, where we put together seven consecutive successful exploration and appraisal wells that have made four gas discoveries. We've got four gas fields with contingent resources and reserves booked across that. We've taken FID on our first development at Walyering. We'll be in cash flows next year. We'll be looking to take FID on a $3.5 billion fertilizer plant at the end of next year.

And as we move into the next couple of years from there, we'll be growing our cash flows in the domestic gas business. Strike is ultimately looking to be producing

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