- Strike Energy (STX) is set to begin flow testing within 72 hours at its South Erregulla gas discovery in the Perth Basin, Western Australia
- The company has mobilised a testing package to the SE1 well site and commenced rig-up work ahead of the flow testing
- The flow test has been designed to gather additional pressure and build-up data to deepen Strike’s understanding of the reservoir performance and connected resources
- Meanwhile, Strike says core analysis of the SE1 Kinga Sandstone confirms the “exceptional quality” of the reservoir
- STX shares are up 1.64 per cent to 31 cents each at 10:20 am AEST
Strike Energy (STX) will begin flow testing within 72 hours at its South Erregulla gas discovery in the Perth Basin, Western Australia.
The company has mobilised a testing package to the SE1 well site and has commenced rig-up work ahead of the flow testing.
The flow test has been designed to gather additional pressure and build-up data to deepen Strike’s understanding of the reservoir performance and the connected resources.
Strike said during the SE-1 drilling, whole core was cut across the Kingia Sandstone reservoir interval.
Moreover, core analysis has confirmed the “exceptional quality” of the reservoir with laboratory-measured permeabilities up to 604 metres measured depth at reservoir conditions.
South Erregulla lies in Strike’s EP503 licence, part of the Permian Gas Fairway within the North Perth Basin.
STX shares were up 1.64 per cent to 31 cents each at 10:20 am AEST.