ASX-listed Strike Energy on Tuesday is poised to start a 2D seismic campaign at its Eneabba Deep operation, after receiving all the necessary regulatory approvals for the 128-km campaign, giving wings to its previously announced gas acceleration strategy.
The company earlier this year unveiled the strategy to bring up to four gas fields into commercial production by 2025, using the near A$136-million in proceeds from the sale of its Warrego Energy stake to suitor Hancock Energy.
Strike Energy has announced a 1Q21 Quarterly Activities Report. During the quarter Strike’s expenditure focused on the appraisal drilling program for West Erregulla, progressing its various seismic and exploration drilling programs, and closing out strategic transactions and pre-development activities at Project Haber.
Australia: Strike Energy awarded highly prospective Perth Basin block
15 Mar 2021
The block is the last remaining un-held acreage in the high-profile Permian Gas Fairway.
Highly prospective Eneabba Deep lead identified within the permit.
Strike Energy has been selected as the successful bidder for Perth Basin block L20-3 at the end of the
WA Petroleum Acreage Release 1 of 2020.
L20-3 Block Location
The L20-3 block is located at the southern edge of the prolific Perth Basin Permian Gas Fairway, which has yielded more than 3 TCF of discoveries to date (including Strike’s West Erregulla gas discovery). The block is flanked by gas discoveries, with the Permian Beharra Springs complex and West Erregulla fields to the North, the Permian Woodada field to the West and the Ocean Hill Jurassic wet gas discovery to the East.
Strike Wins Western Australia Block
Sydney-listed Strike Energy has been awarded the Perth basin block L20-3 under the Western Australia Petroleum Acreage Release 1 of 2020, it said on March 15.
The L20-3 block is located at the southern edge of the Perth basin Permian Gas Fairway, which has yielded more than 3 trillion ft
3 of discoveries to date, including Strike’s West Erregulla gas discovery, it said. The block is flanked by gas discoveries, with the Permian Beharra Springs complex and West Erregulla fields to the north, the Permian Woodada field to the west, and the Ocean Hill Jurassic wet gas discovery to the east.