STRIKE ENERGY LIMITED — Capital/Financing Update 2016

Nov 14, 2016

ASX Announcement

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15 November 2016

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The Company Announcement Officer ASX Ltd via electronic lodgement

R&D facility established with CBA

Strike Energy Limited (ASX:STX) (“the Company” or “Strike”) is pleased to announce that it has established a new facility with the Commonwealth Bank of Australia (“CBA”) which permits the Company to borrow up to $3.6 million based on the eligible R&D expenditure incurred in the current financial year on activities focussed at the Company’s Southern Cooper Basin Gas Project.

Consistent with the Company’s previous facilities, the CBA facility will be repaid from the proceeds of Strike’s FY17 taxation return.

Yours faithfully

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SEAN MCGUINNESS

Chief Financial Officer & Company Secretary

Strike Energy Limited ABN 59 078 012 745 www.strikeenergy.com.au

120B Underwood Street, Paddington NSW 2021

P: +61 2 9195 5600 E: strike@strikeenergy.com.au