Donlie Enterprises LLC, Oblaen Resources LLC and Shoreline Energy Corp. signed an agreement to acquire 40% stake in Wilcox Formation Production Unit from Strike Energy Limited (ASX:STX) on December 30, 2016. Under the terms of the transaction Strike will assign in full the remaining obligations associated with the BlueRock Facility to the purchasers. In related transaction, Strike Energy Limited also signed an agreement to sell 25% stake in MB Clearfork Project to Rockport Permian LLC. The debt assignment is subject to customary post-closing transactions. On the completion of these transactions, Strike will cease to hold any production or exploration acreage in the United States, but will continue to benefit from certain royalty and override interests. The transaction is expected to complete in mid of January 2017. Donlie Enterprises LLC, Oblaen Resources LLC and Shoreline Energy Corp. completed the acquisition of 40% stake in Wilcox Formation Production Unit from Strike Energy Limited (ASX:STX) on January 13, 2017.