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Calmer heads prevail: Strike Energy inks deal with rival gas minnow

A major battle to control Perth Basin gas reserves, which supply the booming West Australian economy, is heading for resolution.

Following weeks of negotiations between Strike Energy, Talon Energy and a group of dissident shareholders, Street Talk can reveal a deal to merge the companies and project interests will be announced as early as Monday.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/calm-heads-prevail-strike-energy-inks-deal-with-rival-gas-minnow-20230813-p5dw4u