Skip to main content

Gas exploration company Strike Energy to relocate to Adelaide


ASX-listed oil and gas exploration company Strike Energy announced plans today to relocate its corporate office and headquarters from Sydney to Adelaide.

The move will create 85 new full-time jobs in the State’s resources industry while reinforcing its reputation as the focus of the national gas sector.

With the company’s primary focus being the rapid commercialisation of a world-scale gas resource in South Australia’s Cooper Basin, Adelaide presented an ideal choice to base its head office.

The Cooper Basin is considered Australia’s most prolific onshore oil and gas region and is recognised globally for its untapped gas potential. Strike has exploration permits and applications over approximately 2.3 million net acres within the Cooper and Eromanga Basins.

The South Australian Government will contribute $990,000 to support the job creation project via the Economic Investment Fund.

Strike Energy Managing Director Stuart Nicholls said the move to Adelaide is both strategic and pragmatic as Strike begins to accelerate its growth ambitions and progress investment in its Southern Cooper Basin Gas Project.

“The award from the Economic Investment Fund shows the commitment of the South Australian Government to support further energy security through making South Australia a key focus for Strike’s business. Strike believes that it will benefit significantly from its relocation to Adelaide by bringing its decision making to the source of the information,” said Mr Nicholls.

Investment Attraction South Australia has played a key role in securing this investment and has worked with Strike Energy to facilitate the relocation project. This investment is the 20th project IASA has secured since opening its doors less than two years ago.

Image Caption: South Australia is becoming the centre of the nation’s gas sector (image from seenews.com).

SA’s giant nation-leading leap into space industry

South Australia is establishing the nation’s first dedicated centre to grow the local space economy and create future high-tech jobs.

article image

Read More

October comes alive in Adelaide with 12 events and festivals on offer

A vibrant and diverse calendar of major events to be held in South Australia throughout October is expected to generate millions of dollars for the state.

article image

Read More

Mining companies and local researchers team up to drive innovation

A $14 million research consortium will explore how new technologies and the Internet of Things may improve efficiencies and opportunities for South Australia’s mining sector.

article image

Read More

French companies say bonjour to Adelaide

French companies Navya and Dassault Systèmes will both set up shop in Adelaide following agreements reached in Paris this week.

article image

Read More