Strike Energy Announces Comprehensive Program for Southern Cooper Basin Gas Project

Strike Energy has announced the commencement of the first phase of a comprehensive completion, flow testing and production optimisation program at the Southern Cooper Basin Gas Project in PEL 96.

“The results from this initial testing phase will be important in developing a better understanding of the project’s commercial potential, however, as has been the case for most unconventional resource plays, a more definitive understanding of project economics will only develop through a series of drilling, completion and production trials,” the company said in a statement Friday.

The six wells to be drilled by year end are designed for a second phase of fracture stimulation, completion and production testing trials.

The first phase of the program will take four weeks to complete and will involve fracture stimulation of the Le Chiffre 1 and Klebb 1 wells, inter stage plug milling, clean up and initiation of flow back and completion of the wells to enable extended flow testing.

The initial objectives of the program are to establish sustained gas flows to surface which, combined with reservoir pressure data, will enable the effective stimulated rock volume and volume of gas connected to the well to be estimated.