SXA.AX - Strata-X Energy Ltd.

ASX - ASX Delayed Price. Currency in AUD
0.0570
-0.0010 (-1.72%)
At close: 1:29PM AEDT
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Previous Close0.0580
Open0.0570
Bid0.0500 x 0
Ask0.0570 x 0
Day's Range0.0570 - 0.0570
52 Week Range0.0470 - 0.0750
Volume25,000
Avg. Volume25,235
Market Cap7.1M
Beta (3Y Monthly)0.32
PE Ratio (TTM)N/A
EPS (TTM)-0.1300
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.77
  • GlobeNewswire

    Strata-X Announces Private CDI Placement

    The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (TSX-V:SXE) (ASX:SXA) are pleased to announce that the Company is undertaking a non-brokered private placement to sophisticated and institutional investors in Australia of up to 18,000,000 Units (“Units”) in the Company at a price of A$0.05 per Unit for gross proceeds of up to A$900,000 (“Placement”). Each Unit consists of one Chess Depository Unit (“CDI”) and one half of one option. The funds raised from the Placement will primarily be used to progress the Company’s recently announced CSG project in the Surat Basin (Queensland, Australia),  ongoing environmental and development studies on the Company’s 100% owned Serowe CSG Project in Botswana, repayment of a director loan (matched by a Placement subscription by the director), lease maintenance, costs of the Placement and general working capital.

  • GlobeNewswire

    Strata-X Energy Awarded Surat Basin CSG Tenement

    Strata X Energy Ltd and Real Energy Ltd are the Preferred 50:50 Bidders for a highly prospective Surat Basin (Australia) Coal Seam Gas (CSG) tenement targeting Walloon coals. The tenement is surrounded by major CSG producing tenements and covers 153 km2 approximately 9 km west of Miles, Queensland. The tenement is located within 6 km of a gas pipeline connected to east coast gas markets offering the potential for early cash flows once the significant gas resources are progressively converted to reserves.

  • GlobeNewswire

    Strata-X Joins Forces With Leading Botswana Fund

    NDA signed with Botswana Development Corporation (BDC) to allow due diligence required for a multi-staged US$10 million finance package targeting the appraisal and development of Strata-X’s 100% owned Serowe CBM Project. BDC is the largest investment holding company in Botswana. Serowe CBM Project has been estimated to contain up to 6 TCF of Prospective Resource.

  • What Kind Of Shareholder Appears On The Strata-X Energy Ltd.'s (CVE:SXE) Shareholder Register?
    Simply Wall St.

    What Kind Of Shareholder Appears On The Strata-X Energy Ltd.'s (CVE:SXE) Shareholder Register?

    If you want to know who really controls Strata-X Energy Ltd. (CVE:SXE), then you'll have to look at the makeup of its...

  • GlobeNewswire

    Strata-X Energy: Serowe CBM Environmental Approval Advances

    Highlights Approval of the Scoping Form in advancement of the Environmental Impact Assessment (“EIA”).Full EIA report will be submitted in September with final approval.

  • Some Strata-X Energy (CVE:SXE) Shareholders Have Copped A 96% Share Price Wipe Out
    Simply Wall St.

    Some Strata-X Energy (CVE:SXE) Shareholders Have Copped A 96% Share Price Wipe Out

    It's nice to see the Strata-X Energy Ltd. (CVE:SXE) share price up 25% in a week. But will that repair the damage for...

  • Strata-X Energy Ltd. (CVE:SXE): What Does Its Beta Value Mean For Your Portfolio?
    Simply Wall St.

    Strata-X Energy Ltd. (CVE:SXE): What Does Its Beta Value Mean For Your Portfolio?

    If you're interested in Strata-X Energy Ltd. (CVE:SXE), then you might want to consider its beta (a measure of share...

  • GlobeNewswire

    83% Increase in Prospective Gas Resource - Strata-X

    MHA Petroleum Consultants, independent qualified reserve and resource certifiers, have certified the following gas resources within Strata-X’s 100% owned Serowe CSG Project in Botswana. ASX disclosure note - 5.28.2 – Prospective Resources - The estimated quantities of petroleum that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. DENVER, and BRISBANE, Australia and VANCOUVER, British Columbia, May 14, 2019 (GLOBE NEWSWIRE) -- The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (SXE.V) (ASX:SXA) are pleased to announce that, following the integration of regional data and data acquired in Strata-X’s latest 19B-1 well, MHA Petroleum Consultants have upgraded the gas resources within the Company’s 100% owned Serowe CSG Project.

  • GlobeNewswire

    Strata-X Chairman Takes Executive Role

    The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (SXE.V) (ASX:SXA) are pleased to announce that 40 year petroleum veteran, Ron Prefontaine, has accepted the position of Executive Chariman of Strata-X.  His primary focus will be to direct the commercialisation of Strata-X’s 100% owned Botswana CSG project.

  • GlobeNewswire

    Strata-X 19B-1 Well Results Exceed Expectations

    All seams were gassy with several coals containing high gas saturations up to 100%. Several high gas saturated coals had good CSG permeabilities of up to 100 millidarcies. Gas contents recorded up to 5.81 cubic metres per tonne.

  • GlobeNewswire

    Strata-X 19B-1 Completes Field Operations – Serowe CSG

    The well results will be integrated into the current regional data set to pursue a resource upgrade and to design and potentially execute a long term production test. DENVER and BRISBANE, Australia and VANCOUVER, British Columbia, March 25, 2019 (GLOBE NEWSWIRE) -- The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (SXE.V) (ASX:SXA) are pleased to offer an update on the operations of CSG well 19B-1, the first well in a 100% owned tenement located within the Company’s Serowe CSG Project interpreted high graded area of the Botswana CSG fairway. After reaching a total depth of 474 metres, the 19B-1 well was successfully logged and has been suspended for potential future production testing.

  • GlobeNewswire

    Strata-X 19B-1 Reaches Total Depth – Serowe CSG Project

    The interpretation of the results will be integrated into the current data to pursue a resource upgrade. DENVER and BRISBANE, Australia and VANCOUVER, British Columbia, March 22, 2019 (GLOBE NEWSWIRE) -- The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (SXE.V) (ASX:SXA) are pleased to offer an update on the drilling operations of CSG well 19B-1,  the first well in a 100% owned tenement located within the Company’s interpreted high graded area of the Botswana CSG fairway. The well and drilling program will be suspended while the Company carries out a comprehensive internal review of future best drilling practices and identifies solutions to minimize future delays, ensuring timely and low cost operations going forward.

  • GlobeNewswire

    Strata-X 19B-1 Drilling Bright Coals – Serowe CSG Project

    The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (SXE.V) (ASX:SXA) are pleased to offer an update on the drilling operations of CSG well 19B-1, the first well in a 100% owned tenement located within the Company’s interpreted high graded area of the Botswana CSG fairway. Between 415-421 metres bright coals and gas bubbles in the return flow, along with water, were encountered. Currently the Company is making minor changes to the diverter and will recommence drilling and short term flow testing tomorrow. The Company holds 4,784 KM2 (1,173,000 acres) over the Serowe CSG Project with a certified Prospective Resource of 3.3 TCF.(1) ASX disclosure note - 5.28.2 - The estimated quantities of petroleum that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations.

  • GlobeNewswire

    Strata-X 19B-1 Botswana Drilling Update

    Drilling operation to continue through to the primary target interval commencing at about 420 metres which has several high gas saturated bright coal seams interpreted. DENVER and QUEENSLAND, Australia and VANCOUVER, British Columbia, March 12, 2019 (GLOBE NEWSWIRE) -- The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (SXE.V) (ASX:SXA) are pleased to offer an update on the drilling operations of CSG well 19B-1,  the first well in a 100% owned tenement located within the Company’s interpreted high graded area of the Botswana CSG fairway. The well has been cased to 330 metres and, following cementing, will be drilled to target coals commencing at about 420 metres vertical depth.  Progress has been slower than anticipated for several reasons – primarily, logistics in the remote location in a new operating environment and country.  The Company expects to be through to the target zones later next week.

  • GlobeNewswire

    Strata-X Serowe CSG Drilling Update

    After casing is cemented, drilling operations to continue through the ~60 metres of primary target interval which has several high gas saturated bright coal seams interpreted. DENVER and BRISBANE, Australia and VANCOUVER, British Columbia, Feb. 25, 2019 (GLOBE NEWSWIRE) -- The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (SXE.V) (ASX:SXA) are pleased to offer an update on the drilling operations of Serowe CSG Project well 19B-1,  the first well in an 100% owned tenement located within the Company’s interpreted high graded area of the Botswana CSG fairway. Progress has been somewhat slower than anticipated, mainly due to logistical issues related to the isolated drilling location, drilling rig mechanical downtime and weather delays.

  • Should You Take Comfort From Insider Transactions At Strata-X Energy Ltd. (CVE:SXE)?
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    Should You Take Comfort From Insider Transactions At Strata-X Energy Ltd. (CVE:SXE)?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! It is not uncommon to see companiesRead More...

  • GlobeNewswire

    Strata-X 19B-1 Drilling Commences – Serowe CSG Project

    Drilling operations for 100% owned Strata-X 19B-1 well on the 1,173,000 acre Serowe CSG Project have commenced. DENVER and BRISBANE, Australia and VANCOUVER, British Columbia, Feb. 06, 2019 (GLOBE NEWSWIRE) -- The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (SXE.V) (ASX:SXA) are pleased to announce that drilling operations for the 100% owned 19B-1 well have commenced. The 19B-1 rig contractor, Danos Drilling of Gabarone, Botswana, is drilling ahead to 370 metres where surface casing will be set and cemented into place.

  • GlobeNewswire

    Onsite Preparations Completed for Serowe CSG Appraisal Well

    19B-1 well drilling operations expected to start the week of February 4th. DENVER and BRISBANE, Australia and VANCOUVER, British Columbia, Feb. 04, 2019 (GLOBE NEWSWIRE) -- The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (SXE.V) (ASX:SXA) are pleased to announce that the location and access route for the SXE 19B-1 well has been completed.  The turnkey-contracted Danos drilling rig is expected be on site to commence drilling operations the week of February 4th. The Company has received all the necessary government approvals for the appraisal program through its up to 20 well Environmental Management Plan.

  • GlobeNewswire

    Strata-X Announces Serowe CSG Project Drilling

    Coal Seam Gas expert appointed to manage well site  appraisal program. DENVER and BRISBANE, Australia and VANCOUVER, British Columbia, Jan. 10, 2019 (GLOBE NEWSWIRE) -- The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (SXE.V) (ASX:SXA) are pleased to announce that the Company has entered into a turnkey contract for 1 firm plus one optional vertical well with Danos Drilling of Gabarone, Botswana for the initial appraisal drilling of the Company’s 100% owned Serowe CSG Project.  The Company has received all the necessary government approvals for the appraisal program and is set to begin drilling operations during the first week of February.

  • How Much Did Strata-X Energy Ltd.’s (CVE:SXE) CEO Pocket Last Year?
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    How Much Did Strata-X Energy Ltd.’s (CVE:SXE) CEO Pocket Last Year?

    Tim Hoops has been the CEO of Strata-X Energy Ltd. (CVE:SXE) since 2011. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of Read More...