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Strike Oil Reports Unaudited Financial Results for the FY2009
Monday August 31, 2009, 12:40 pm

Original Announcement: Annual Results

Strike Oil provided its unaudited financial results for the 2009 financial year, reporting total revenue of $41.2m and net profit of $10.2m. The higher revenue reflected a 196% increase in gas production to 3.33Bcf (2008: 1.13 Bcf), and a 206% increase in oil production to 81,836bbl (2008: 26,726bbl), following the company's successful 2008 exploration programme in its core US onshore Gulf Coast business.

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