Strike Energy Limited · ASX:STX
Strike Energy — Shareholder Meeting (November 2025)
19 slides from Strike Energy's shareholder meeting presentation, Nov 13, 2025
Slide 1: Annual General Meeting Chair's Address and MD Presentation
13th November 2025 ASX: STX The Company Announcement Officer ASX Ltd via electronic lodgement Annual General Meeting Chair’s Address and MD Presentation Please find attached the following items to be presented at Strike Energy Limited’s Annual General Meeting to be held at 11:00 am (AWST) today. • C
Slide 2: Chair's 2025 Annual General Meeting Address
Chair’s 2025 Annual General Meeting Address Good morning ladies and gentlemen and welcome to the 2025 Annual General Meeting of Strike Energy Limited. My name is John Poynton, and I am the Chair of Strike Energy. Firstly, I would like to acknowledge the Traditional Owners of the lands on which we me
Slide 3: Chair's Address (continued)
During the year we also saw a change in leadership, with Peter Stokes appointed Managing Director and CEO and Tim Cooper joining as CFO and Company Secretary. They have both had plenty to do since joining us and you will hear from Peter after my address. Looking ahead, the outlook for Western Austra
Slide 4: Annual General Meeting November 2025
Annual General Meeting 13 November 2025 For personal use only Powering progress for the energy transition
Slide 5: Managing Director's Address
Managing Director’s Address For personal use only Powering progress for the energy transition
Slide 6: Cautionary note and disclaimer
Cautionary note and disclaimer Summary information This presentation contains summary information and statements about Strike Energy Limited (ASX:STX) (Strike), its subsidiaries and their respective activities, which is current as at the date of this presentation (unless otherwise indicated). The in
Slide 7: FY25 Highlights
FY25 Highlights • Record production $72.7 m Total revenue Up 59% For personal use only Record annual production of 9.3 PJe, up ~65% YoY from consistent Walyering performance (~25 TJ/d) Total production 9.3 PJe Up 66% • Robust asset base Production, construction & pre-FID growth across Perth Avg real
Slide 8: A Strong Foundation for Growth
A Strong Foundation for Growth North West Shelf (1000km) Strike is well positioned to support Western Australia’s Waitsia Lockyer energy transition and deliver value for Shareholders W. Erregulla & For personal use only Erregulla Deep 100% 50% High Potential 100% S. Erregulla 100% Exploration Acreag
Slide 9: FY25 ESG Highlights
FY25 ESG Highlights Commitment to safety, diversity • Safety & Wellbeing & the environment Zero fatalities and zero Tier 1 or 2 process safety events, For personal use only reflecting a strong safety culture and disciplined operational performance Zero Fatalities • Diversity & Inclusion Tier 1 or 2
Slide 10: Board & Management
Board & Management Key Management Personnel Strong WA leadership and governance - Experienced Board and management team with deep industry, operational and governance capability. Proven delivery - Demonstrated operational execution, positioning Strike as a For personal use only leading WA gas pr
Slide 11: Facing Challenges Head-On
Facing Challenges Head-On South Erregulla Walyering Production Challenge: Challenge: Connection and infrastructure costs higher For personal use only Reserves write-downs and production decline. than initial forecast. Actions: Actions: Committed to delivering contractual obligations. Value r
Slide 12: Operational achievements
Operational achievements Greater than 98% availability at the Walyering Gas Plant For personal use only Natta 3D seismic survey conducted over West Erregulla & Erregulla Deep to inform independent resource certification Ocean Hill 3D seismic applied to independently certify 180 PJ of 2C Contingent R
Slide 13: Market Dynamics
Market Dynamics Need for new domestic gas supply in WA Forecast WA Gas Supply & Looming gas supply Demand (TJ/d) gap 1,400 For personal use only 1,300 1,200 1,100 1,000 Potential Gas Supply Demand Growth 900 Domestic Gas Demand Source: AEMO GSOO 2024 800 Reinforces 2024 2025 2026 2027 2028 2029 2030
Slide 14: Cost Avoidance Through Integration
Cost Avoidance Through Integration Strike’s integrated gas peaking power generation value chain1 1 2 3 For personal use only Wells & gathering Upstream Opex Cost of gas Operating ~$3/GJ + ~$0.5/GJ = ~$3.5/GJ Costs versus Traditional gas peaking power generation value chain2 (ie. generator is not int
Slide 15: A Leading Perth Basin Gas Portfolio
A Leading Perth Basin Gas Portfolio Lockyer & Operator in all permits Waitsia North Erregulla Total Discovered Reserves & Resources One of the largest discovered Strike Independently Certified Perth Basin 2P Reserves, 2C Erregulla Deep gas portfolios in the Perth L25 50% (STX 50%) Resources & 2U R
Slide 16: Catalysts over the next months
Catalysts over the next 12 months West Erregulla & Erregulla Deep Resource Update For personal use only Walyering West Near Field Exploration Drilling West Erregulla Development Pathway Ocean Hill Appraisal1 Commissioning and Start-Up of South Erregulla Peaking Power Plant 15 1. Subject to funding a
Slide 17: Reasons to Invest
Strike Energy (ASX:STX) A proven WA gas developer, positioned at the intersection of a surging energy-demand cycle and tightening firm-capacity supply For personal use only Reasons to Invest WA’s exit from coal fired power generation by 2030 will remove >1 GW of dispatchable capacity AEMO’s 2025 WEM
Slide 18: Central to WA's energy transition
For personal use only Central to WA’s energy transition 17
Slide 19: Forward Looking Statements and other information
Forward Looking Statements and other information Reserves and Resources Estimates Information in this presentation relating to the Reserve and Resource Estimates for: • the West Erregulla Reserve and Resource estimate is set out in the ASX announcement dated 27th July 2022 entitled "West Erregulla R