Have you any idea what Strike Energy is? Strike Energy is an Australian exportation and moreover a development company, that exports oil and coal. They are listed on the ASX (Australian Securities Exchange). The company, in collaboration with a long term partner, also holds and produces from two fields located in Texas, in the southern part of the United States.

They have continuing projects in Texas. Strike Energy had their 3rd successful discovery out of wells in February 2010. Because they were once again successful they now have a 60% success rate. This is something that Strike Energy is proud of. The final analysis of this well is still pending, but Strike Energy hopes to be able to double their entire holdings with this discovery.

There is a total of ten wells in Texas and productions in ongoing thought collaborative efforts between them and there partner. Recently the company started a gulf shore project in Louisiana. This new farming is known as the Bateman Lake Joint Venture. This project is only possible due to the strong alliance between Strike Energy and Texana Resources.

It is easy to understand why the coal, gas and oil business is growing so large. Without coal and oil our country could not function at all. We travel a boatload in the US and moreover we could not advance in technology without it either. Our day to day life is sustained by the companies that excel in this field.

Were it not for their exploration of such place as those in Louisiana, Texas, and the Bowen Basin, among others, our reserves would be depleted and we would run out of this much needed commodity. Can you imagine a world with no transportation across land, sea or air, much like it was in the days of our forefather’s distant families? Pretty scary

If you would like to know more about this industry and one of the companies on the forefront of it, here are some top terms to acclimate yourself with:

Exploration oil- when a company explores the ground for natural oil that they will go back and drill for another time.

Unconventional gas is natural gas that is harder & more intensive to drill for, such with gas shales, tight sand and coalbed methane.

Coal Methane- is a natural pocket of gas found in coal beds.

Underground Coal Gasification- the process of turning underground coal into a gas product.

Strike Energy is about the cutting edge, they are without a dought a leading company in this field, plus are growing fast. Some people think that it does damage to the earth to drill and mine out land in search of oil, but the fact of the matter is those people want to drive and have power. Without the process that has to take place none of the us would have the have the things that we so often take for granted.

Strike Energy is a global leader in the underground coal gasification industry. To learn more visit StrikeEnergy.com.