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Strike Energy Limited (ASX:STX)

ALERT: Price-sensitive ASX Announcement for STX
Current share price for STX : $0.100 -0.01 (-9.09%)+
Announcement
Release
11 Jun 2026 8:31AM
Price at Release
$0.110
Full Release
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Summary
Strike Energy Limited announced the mechanical completion of the South Erregulla Peaking Power Station, a significant milestone in the development of its 85 MW gas-fired peaking power project located in the Perth Basin, Western Australia. The achievement indicates the installation of all major equipment and the substantial conclusion of construction activities, transitioning the project into the commissioning phase. This phase involves introducing South Erregulla gas and starting live commissioning activities to test integrated plant systems. The project will undergo further network connection and commissioning processes with Western Power and the Australian Energy Market Operator (AEMO) before commencing commercial operations, targeted for 1 October 2026.
Key Points
  • South Erregulla Power Station achieves mechanical completion.
  • South Erregulla gas introduced into the facility.
  • Live commissioning activities for integrated testing are underway.
  • Strike owns and operates the project within L24 in the Perth Basin.
  • The project will provide 85 MW of gas-fired peaking power.
  • Construction activities have substantially concluded.
  • Commissioning involves network connection with Western Power and AEMO.
  • Commercial operations are targeted for 1 October 2026.
  • Project supports system reliability and renewable integration.
  • Supplementary revenue through Western Australia's Reserve Capacity Mechanism.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.