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OIL & GAS

Perth Basin heats up: Strike secures funds, Triangle gears up

Funding locked-in, exploration rolls out

Rueben Hale
Strike Energy Executive Director and Acting CEO Jill Hoffmann with Triangle Energy MD Conrad Todd. Pictured behind is the recently completed Becos-1 well pad in Western Australia’s Mid West.

Strike Energy Executive Director and Acting CEO Jill Hoffmann with Triangle Energy MD Conrad Todd. Pictured behind is the recently completed Becos-1 well pad in Western Australia’s Mid West. | Credits: Strike Energy/Triangle Energy

Strike Energy has locked in a new $217 million debt facility with Macquarie Bank, including a $162 million tranche to refinance existing debt and support the development of its South Erregulla gas-fired...

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