Strike Energy Limited · ASX:STX
Strike Energy — Bell Potter Unearthed Conference Feb-24 (February 2024)
8 slides from Strike Energy's conference presentation, Feb 14, 2024
Slide 1: Bell Potter Unearthed Conference
Bell Potter Unearthed Conference Feb-24 Ramping up gas production
Slide 2: 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 3: The Premier Perth Basin Exposure
The Premier Perth Basin Exposure 2024 Investment Highlights 1. 100% operated position with substantial Reserves & Resources Less than 50% of existing 2P Reserves contracted >3,000 km² of acreage and more than 25 prospects and leads Three substantial prospective targets to be drilled in 2024 2.
Slide 4: WA energy update – A fragile market
WA energy update – A fragile market Potential WA Gas Supply & Demand Forecast All-time WA maximum average operational GSOO 2023 (TJ/d) demand recorded: 4,046 MW 23 November 2023 (GW) Coal 1,300 4 Diesel Gas 1,200 Solar 3 Wind -307 1,100 56% 2 1,000 Potential Gas Supply 1 900 Domestic Gas Demand Dome
Slide 5: South Erregulla appraisal ongoing
South Erregulla appraisal ongoing 50% & Operator SE1 100% & Operator 80mmscfd SE2 SE3 Testing Gas on water Commencing observed Appraisal drilling has likely shown 3-separate fault compartments, with the middle compartment being down-thrown. SE3 is the lowest intersection of the Kingia Sandstone
Slide 6: Other Project 2024 key catalysts
Other Project 2024 key catalysts Ramp up in daily production. Walyering Walyering-7: April (immediate tie in on success). RISC Reserves & Resources review. Potential de-bottlenecking and increase in production capacity. Further gas marketing and market development activities. 100% operator
Slide 7: Central to WA’s energy transition Q&A
Central to WA’s energy transition Q&A 7
Slide 8: Forward looking statements
Forward looking statements Forward looking statements This presentation contains forward looking statements about Strike. Often, but not always, forward looking statements can be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate
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