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Strike Energy (ASX:STX) and Warrego Energy (ASX:WGO) observe gas at West Erregulla

ASX News, Energy
ASX:WGO
27 June 2022 10:01 (AEST)

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Elevated mud gas readings have been observed at Strike Energy (STX) and Warrego Energy’s (WGO) joint venture West Erregulla gas discovery in Western Australia.

Drilling by the operator, Strike, at West Erregulla 3 (WE3) passed through the primary objective in the Kingia sandstone at 4737 metres and revealed packages of blocky clean sands that Strike said indicates conventional reservoir potential.

As the section was drilled, elevated mud gas readings were also observed and interpreted on the logging while drilling tools.

Following this, STX drilled into the Bit Basher Shale to a depth of 4806 metres, before pulling out of the hole to perform a drill bit change.

Once the new drilling assembly is in, the well will be completed to total depth where it is anticipated to pass through the secondary objective in the High Cliff Sandstones.

Strike then plans to condition the hole before running a wireline campaign to confirm the results and collect any samples and pressure data.

STX shares last traded at 25.5, cents while WGO shares last traded at 10.5 cents on June 24.

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