Strike Energy Ltd (ASX: STX) shares are in focus today following the company’s latest announcement. This morning, Strike Energy advised that its Project Haber is forecast to reduce the carbon footprint of urea production by up to 60% in Australia. At yesterday’s market close, the Strike Energy share price finished the day trading at 36 cents.
Strike Energy also estimates the project will boost the economy of Western Australia’s mid-west region by 3.8% per annum.
Let’s take a closer look at the oil and gas developer’s latest news.
Haber Project update
Strike Energy shared its Haber Project’s carbon and economic impact…