Strike reaches new gas deal with Orica

Independent oil and gas company Strike Energy has struck a new gas sales agreement with Orica International to supply up to 64 PJ of gas from the Southern Cooper Basin gas project. The new gas sales agreement replaces a 2014 agreement for the supply of up to 250 PJ of gas, with the gas to be supplied post ramp-up at a rate of 6.4 PJ a year, at an improved price.