STRIKE ENERGY LIMITED GOOD OIL CONFERENCE September 2016
Strike Energy Limited Overview Strike Energy Limited (ASX : STX) is an Australian based, independent oil and gas exploration and production company. The company is focused on the development of a substantial gas resource in the…
Executive Summary Tightening gas market driving Eastern Australian gas price increases Solid operational progress towards key goals is positioning the project for successful development Potential for substantial value creation…
Eastern Australian Gas Market
Eastern Australian Gas Market: 20 year outlook Australias east coast gas demand has historically been supplied from conventional reserves in the Cooper Basin (SA) and the Gippsland Basin in Bass Strait. These reserves are in decline.…
Eastern Australian Gas Market: Supply tightness emerging In the past two-years there has been nearly 3,000PJ* of downgrades to Eastern Australian onshore reserves and contingent resources. Low oil prices are exacerbating the supply…
Eastern Australian Gas Market: Gas prices trending higher Market gas pricing Industry response Government response Adelaide STTM Gas price 30 Collective industry intent Gas price spike a contributing factor to facilitate new…
Eastern Australian Gas Market: Summary Gas demand 40 Tcf over twenty years; LNG the dominant gas buyer Supply tightening Supply tightness emerging and likely to worsen by 2020 Gas prices Domestic gas prices already reflecting…
Southern Cooper Basin Gas Project
Southern Cooper Basin Gas Project: Scale of STX resource In a market characterised by demand increases, reserve downgrades and supply challenges, Strike is ideally positioned with a long-life multi-Tcf prospective resource, with…
Southern Cooper Basin Gas Project: Strategic objectives Strikes Southern Cooper Basin Gas Project (SCBGP) is the most advanced onshore gas supply opportunity with the materiality to mitigate forecast supply shortfall. The Companys…
Southern Cooper Basin Gas Project: Status - key activities/milestones 2013-2016 In less than three years, Strike has used a disciplined approach to rapidly progress from a large multi-Tcf resource discovery, to technical feasibility and…
Southern Cooper Basin Gas Project: Status - reservoir understanding The appraisal and testing activities to date reinforce Strikes strong confidence in the commercial potential of future development wells. Reservoir Gas Recovery…
Southern Cooper Basin Gas Project: Status - engineering solutions An understanding of the reservoir has emerged that is very favourable. The focus of current testing is to establish threshold gas flows that confirm the commercial…
Southern Cooper Basin Gas Project: Status - well drainage observations Observations % Klebb 2 Drainage areas are expanding % Dewatering task is finite Klebb 1 ebb 4 BH Increasing interference (drainage % area…
Opportunity summary Tightening gas market driving Eastern Australian gas price increases Solid operational progress towards key goals is positioning the project for successful development Potential for substantial value creation…
Loading...
