Australia's Strike Energy gains on approval for WA gas field

Strike Energy

09/07/2024 03:10

** Shares of Australia's Strike Energy  STX.AX  rise as much
as 4.6% to A$0.23, marking its biggest intraday pct gain since
June 28
    ** The natural gas explorer gives updates on EP469 joint
venture operated and owned by co and Australia's Warrego Energy 
    ** Says JV got ministerial statement issued under
Environmental Protection Act 1986 for upstream infrastructure
for development of West Erregulla gas field in Western Australia
(WA)
    ** Also got ministerial statement issued under EP Act for
midstream infrastructure for development of West Erregulla
Processing Plant & Pipeline
    ** Near 4.3 mln shares change hands as of 0201 GMT, vs
30-day average volume of 11.2 mln shares
    ** STX down 54.2% YTD, as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))