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AN AUSTRALIAN BASED OIL AND GAS EXPLORER AND PRODUCER WITH OPERATIONS IN AUSTRALIA AND THE USA; STRIKE OIL’S OPERATIONS ARE FOCUSED ON SOME OF THE MOST PRODUCTIVE OIL AND GAS BASINS IN THESE COUNTRIES. With continued growth, a strong increase in production and revenues of $10 million in the past financial year Strike Oil is well positioned for another successful year in 2008 with production from the Rayburn Project onshore Gulf Coast, Texas coming on stream. Highlights for the quarter ended 31 March 2008:
Subsequent to the end of the Quarter:
Founded in 1997, Strike Oil has been trading on the Australian Securities Exchange since 2004. Strike Oil’s office is located in Perth, Western Australia. To find out more about the company and our activities select one of the options at the top of the page or view recent releases listed at right. In addition to oil and gas exploration and production, Strike Oil has established a wholly owned subsidiary Hybrid Energy Australia Pty. Ltd. This company is committed to producing quality liquid fuels and generating low-emissions electricity from its Kingston Lignite deposit in South Australia. www.hybridenergyaustralia.com.au |
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