Australia's Strike Energy rises on gas sales deal with Alinta Energy

Strike Energy

03/01/2024 02:51

** Shares of Strike Energy  STX.AX  rise as much 2.1% to
A$0.4850, on track for its best day since Dec. 22, if current
trend holds
    ** Oil & gas explorer says it executed a gas sales agreement
with Alinta Energy WA Pty for 3.4 PJ (petajoule) of gas
delivered into Parmelia gas pipeline in Western Australia
    ** Agreement for gas delivery for over 2 years, starting
February
    ** Stock rose ~52% last year

    

 (Reporting by Rajasik Mukherjee)
 ((Rajasik.Mukherjee@thomsonreuters.com))