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Strike increases economic interest in West Erregulla

STRIKE Energy has increased its economic interest in the West Erregulla gas project to 54%, after acquiring an 8.16% strategic stake in its joint-venture partner, Warrego Energy, for A$22 million.

Mark Tilly
Takes 8.16% interest in Warrego

Takes 8.16% interest in Warrego

The two share the EP469 permit in the Perth Basin where they are developing Phase 1 of the West Erregulla domestic gas project.  Strike had originally aimed for a friendly takeover of the company, which...

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