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    Strike reports "excellent" productivity at WE-3 well

Summary

Strike last month upgraded the reserves and resources estimate for the West Erregulla gas field in EP469 in Western Australia by 41%.

by: Shardul Sharma

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Complimentary, Natural Gas & LNG News, Asia/Oceania, Security of Supply, Corporate, News By Country, Australia

Strike reports "excellent" productivity at WE-3 well

Strike Energy on August 23 reported “excellent” productivity at West Erregulla-3 (WE-3) well in Western Australia’s Perth basin.

WE-3 recorded a peak gas rate of 90mn ft3/day and measured a high-quality, low impurity gas composition consistent with other West Erregulla wells. The well is currently going through a final flow period before it will be shut in for a pressure build-up, which will be monitored via downhole gauges recording the sub-surface pressure. Final test results will be released upon completion of testing.

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Strike operates EP469 in a 50:50 joint venture with fellow Australian company Warrego Energy. Strike owns 7.63% of Warrego. This gives Strike a further 4% ownership of EP469.

Strike last month upgraded the reserves and resources estimate for the West Erregulla gas field in by 41%.