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Here's why the Strike Energy (ASX:STX) share price is surging today


Here’s why the Strike Energy (ASX:STX) share price is surging today
The energy producer’s shares are starting the week on a positive note.
Aaron Teboneras has been a Motley Fool contributor since early August 2020. After graduating from RMIT University with a Business degree, Aaron spent most of his years either travelling or working in various industries. Aaron’s most notable appointments include National Australia Bank, and Computershare where he discovered his passion for the Australian sharemarket. Outside of researching and writing for Motley Fool, Aaron enjoys trekking on adventures across the world and learning new life skills. ....

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Strike widens WA energy play into geothermal


Strike widens WA energy play into geothermal
Apr 1, 2021 – 11.22am
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Oil and gas junior Strike Energy has further upped its ambitions in Western Australia’s mid-west and is now targeting zero-carbon geothermal energy to complement its gas production and fertiliser manufacturing plans.
A non-binding deal announced on Thursday would see Strike, which is chaired by WA businessman John Poynton, buy all the existing geothermal rights in the Perth Basin through the takeover of privately owned Mid West Geothermal Power Pty.
The geothermal venture could work alongside Strike’s natural gas venture in the Perth Basin.  
While no geothermal expert, Strike said that evaluation of the sandstones showed a high-quality geothermal resource in the permits with the potential to support up to 350 megawatts of renewable power - generated on demand - for 30 years. ....

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Australia: Strike Energy announces West Erregulla update


Australia: Strike Energy announces West Erregulla update
22 Jan 2021
Strike to acquire ‘Maior 2D seismic survey’ in 1H/21.
Greater Erregulla region.
EP503 and
504. This is due to the conversion of EPA82 and EPA98 resulting from the conclusion of the Geraldton Alternate Settlement Agreement and the corresponding Indigenous Land Use Agreement (ILUA). EPA98 is expected to convert shortly after other Government processes are completed.
The grant of these high prospective Permits by DMIRS allows for the commencement of data acquisition over Strike’s current flagship opportunity in South Erregulla, starting with the
‘Maior 2D seismic survey’ which is set to be shot in the first half of 2021. ....

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