- Strike Energy (STX) and Warrego Energy (WGO) complete mobilisation, rig up and swabbing operations at the WE3 well site within the West Erregulla gas field in WA
- Production testing is commencing today and is planned to occur over the following seven days
- After the flow test, there’ll be a longer build-up period so the joint venture partners can better understand the reservoir quality and the connected gas reserves and resources
- Shares in STX are trading steady at 27.5 cents and WGO is trading steady at 15 cents as of 11:46 am AEST
Strike Energy (STX) and Warrego Energy (WGO) have completed mobilisation, rig up and swabbing operations ahead of flow testing at the WE3 well site.
The WE3 well lies within the West Erregulla gas field in the WA Kingia Sandstone.
The joint venture partners are currently conducting four perforations across 40 metres of the gas-charged Kingia Sandstone.
After this, Strike will commence clean-up flows which will be followed by the formal flow period. The flow testing program is expected to be conducted over a seven-day period.
Following the flow test, there’ll be a longer build-up period so the companies can better understand the reservoir quality and the connected gas reserves and resources.
The company has said it will disclose further information once it receives results.
Shares in STX were trading steady at 27.5 cents and WGO was trading steady at 15 cents at 11:46 am AEST.