Perth Basin oil and gas company Norwest Energy has provided an update regarding operations at its Lockyer Deep-1 conventional gas discovery well in the Perth Basin. The well has achieved maximum gas flow rate of 117 mmscfd, the highest gas flow rate seen thus far in the Perth Basin gas play, and with associated condensate providing a significant uplift in value.
Strike Energy s South Erregulla-1 well has confirmed the presence of a high-quality, conventional gas accumulation in the Kingia (and Wagina) Sandstones within the Perth Basin. The Kingia and Wagina gas discoveries combine to give Strike the resource confidence necessary to proceed with and execute Project Haber.