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Strike Energy Completes West Erregulla-2 First Intermediate Section Drilling

THE BOWSER: Strike Energy (ASX: STX) completed drilling the intermediate hole section of its West Erregulla-2 well to a final TD of 2,499 metres.

Strike Energy said the drilling had encountered the Eneabba formation that had been selected to provide a good setting point.

The company then ran the 11-3/8” casing in hole to the target setting depth of 2,481m before being cemented in place and tied back to the wellhead at surface.

Recent weather conditions have caused some local concerns including road closures, however prior planning for the rain by Strike Energy prevented any material impact on operations to date.

Strike is now preparing to run in hole with the 10-5/8” drilling assembly and commence drilling a second intermediate section to a nominal TD of 4,230m.

The Basal Wagina, a secondary conventional gas prospect, is expected to be intercepted in this section.

Strike Energy explained it that West Erregulla-2 is being drilled in EP 469, which is adjacent to and targeting analogous Permian gas sands of a similar size and nature as the Waitsia gas discovery.

The well will be drilled to a planned total depth of 5,200m and penetrate two additional independent reservoir targets.

These include a conventional gas target in the Basal Wagina sandstones and the primary gas sand sequence in the Kingia High Cliff.

Strike Energy is the operator and the holder of a 50 per cent Joint Venture interest in EP469, and Warrego Energy (ASX: WGO) the holder of the other 50 per cent JV interest.

 

Email: strike@strikeenergy.com.au

Website: www.strikeenergy.com.au