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    Strike Wins Western Australia Block

Summary

The L20-3 block is located at the southern edge of the Perth basin Permian Gas Fairway.

by: Shardul Sharma

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Strike Wins Western Australia Block

Sydney-listed Strike Energy has been awarded the Perth basin block L20-3 under the Western Australia Petroleum Acreage Release 1 of 2020, it said on March 15. 

The L20-3 block is located at the southern edge of the Perth basin Permian Gas Fairway, which has yielded more than 3 trillion ft3 of discoveries to date, including Strike’s West Erregulla gas discovery, it said. The block is flanked by gas discoveries, with the Permian Beharra Springs complex and West Erregulla fields to the north, the Permian Woodada field to the west, and the Ocean Hill Jurassic wet gas discovery to the east. 

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“The addition of this block almost completes the connection of Strike’s acreage, making a contiguous landholding from north to south,” CEO Stuart Nicholls said. “This position in the basin is adjacent to the north/south extensional faults which provide the primary route for hydrocarbon migration across the basins various plays.” 

Nicholls said Strike is looking forward to progressing further interpretation and reprocessing of data over Eneabba Deep in the immediate future, which will support an initial estimation of a potential resource size.