STRIKE ENERGY LIMITED — Capital/Financing Update 2012

Jan 17, 2012

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Strike Energy Limited ABN 59 078 012 745 18 January 2012
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OUR STRENGTHS
• Quality Assets
• Experienced Team
• Major Growth Potential
Strike Energy Limited
Ground Floor, 10 Ord Street
West Perth WA 6005
T: 61 8 6103 0999
F: 61 8 6103 0990
E: strike@strikeenergy.com.au
www.strikeenergy.com.au
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The Company Announcement Officer, ASX Limited via electronic lodgement

UNDERWRITING OF ENTITLEMENT OFFER

Strike Energy is pleased to advise that it has secured $2 million of unconditional underwriting commitments in respect of the current Entitlement Offer. The company has already received Entitlement Offer acceptances and precommitments from major shareholders of approximately $1.1 million. In the context of the current volatile equity markets, Strike is very pleased to have funding certainty in respect of the remainder of the ~$3.1 million being sought through the Entitlement Offer. Strike will incur underwriting fees of 5%.

Yours faithfully

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DAVID WRENCH Managing Director

Further information:

• Strike Energy Limited David Wrench – Managing Director T: 61 2 8261 1000 E: strike@strikeenergy.com.au