Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Strike Energy has successfully run the final casing string in the West Erregulla 2 well
  • Strike is preparing to perforate the well across the Kingia interval before running the completion assembly and 3-1/2” tubing string
  • Flow tests at High Cliff and Wagina gas discoveries will be planned and prepared

Strike Energy has successfully run the final casing string in the West Erregulla 2 well.

The casing string is a long section of connected oilfield pipe that is lowered into a wellbore and cemented. The purpose of the casing pipe is to prevent the collapse of the borehole.

The 5-1/2″ casing string, was set at a depth of 5090 metres. The string has been cemented in place, safely securing the Kingia and High Cliff gas discoveries at West Erregulla.

The West Erregulla 2 well is located in the Perth Basin in Western Australia.

In 2018, Strike farmed into the EP 469 exploration for a 50 per cent interest with Warrego Energy.

As part of the farm-in agreement, Strike will free carry the first $11 million of well costs for the drilling of the West Erregulla 2 well.

“Given the excellent results seen to date and the quality of the Kingia gas discovery, the well is likely to be physically constrained with the flowrate from the Kingia alone,” Strike added.

Strike is preparing to perforate the well across the Kingia interval before running the completion assembly and 3-1/2” tubing string.

Flow tests at the High Cliff and Wagina gas discoveries will be planned and prepared for in the near future.

Strike is an independent oil and gas exploration company that is focused on the Southern Cooper Basin Gas Project.

“We believe the successful development of this resource to supply the Australian East Coast Gas markets will deliver significant value to Strike’s shareholders and Eastern Australian gas users,” the company stated.

Once the well is completed, the rig will be demobilised to allow the production flow test to be conducted.

STX by the numbers
More From The Market Herald

" Drilling begins near Pancontinental Energy’s (ASX:PCL) Namibia play

Pancontinental Energy (PCL) advises drilling has begun at several plays on trend from its PEL 87 joint venture in offshore Namibia.
Brookside Energy (ASX:BRK)- Managing Director, David Prentice

" Brookside Energy (ASX:BRK) to mobilise drill rig for Rangers well

Brookside Energy (BRK) is about to mobilise a drill rig to the SWISH Area of Interest (AOI) which is an oil and gas

" Peninsula Energy (ASX:PEN) closes Lance field operations early

Peninsula Energy (ASX:PEN) has ended field operations seven months early at its wholly-owned, US-based, Lance Uranium Project.
Li S Energy (ASX:LIS) - Non Executive Director, Robin Levison

" Li-S Energy (ASX:LIS) collaborates with Boeing’s Insitu Pacific

Li-S Energy (LIS) has signed a deal with Insitu Pacific to test and integrate its battery technology into Insitu’s range of uncrewed aircraft