Strike Energy

:  Level 1, 40 Kings Park Road, West Perth WA 6005

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ASX Announcement
21 September 2015

The Company Announcement Officer
ASX Ltd
via electronic lodgement

RESEARCH AND DEVELOPMENT TAX REFUND
Strike Energy Limited (ASX:STX) (“the Company” or “Strike”) is pleased to announce that it has received
confirmation from the Australian Taxation Office that the Company will receive an $8.5 million refund
in respect of its eligible Research and Development (R&D) activities undertaken during the financial
year ended 30 June 2015. The refund is expected to be paid today and the Company will repay in full
the $5.9 million currently outstanding under the FY 2015 Macquarie R&D Facility. The balance of the
refund amount ($2.6 million) will add to the Company’s cash holdings.
The Company has also executed amending documentation extending the Macquarie R&D facility
through to 30 November 2016, with a new facility limit of up to $4.0 million being available based on
the Company’s eligible R&D activity expenditure during the current financial year.

Managing Directors Comment
“The Company’s operating activities are comfortably funded and we now have the capacity, if
required, to access further non‐dilutive funding to accelerate our Southern Cooper Basin Gas Project
commercialisation program.”

Yours faithfully

SEAN MCGUINNESS
Chief Financial Officer & Company Secretary

Strike Energy Limited ABN 59 078 012 745

P: +61 2 9397 1420

120B Underwood Street, Paddington NSW 2021

Email: strike@strikeenergy.com.au

www.strikeenergy.com.au

R&D Tax Refund