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Australia: Strike Energy announces West Erregulla update

Australia: Strike Energy announces West Erregulla update 10 May 2021 WE5 has commenced drilling operations and has completed drilling the first hole section down to a depth of ~ 1,567m MD. WE4 flow test has commenced. Strike Energy has provided an update on the West Erregulla Appraisal EP469 Current Operations Rig maintenance and moving operations went smoothly, without incident and the rig has since officially spud WE5 at 12:00pm Saturday 8th May 2021. Drilling operations have subsequently commenced and the well has reached final depth of the first hole section at approximately a measured depth of ~1,567m. At WE4, Strike has perforated 75m of the Kingia Sandstone and is commencing flow back followed by the production testing of the well.

Australia: Strike Energy announces West Erregulla update

Strike Energy has provided an update on the West Erregulla 4 well on behalf of the EP469 Joint Venture. Preliminary core data confirms high quality nature of Kingia Sandstones. Flow testing equipment mobilising to site with flow test expected to occur in early May.

Australia: WE4 results extend West Erregulla gas field

Australia: WE4 results extend West Erregulla gas field 08 Apr 2021 WE4 has reached final depth of 5,069m MD with wireline logging ongoing. Overall results are above expectations with initial wireline logs and petrophysics across the primary targets indicating: Thickest Kingia penetration seen in the Basin to date at 1 55m. Porosities of up to 1 9% in the Kingia. Reservoir pressures at 4,898m MD of 6 ,821 psia. No gas water contact encountered which deepens and extends the areal extent of the field. Strike Energy has provided an update on the results of the West Erregulla 4 well on behalf of the EP469 Joint Venture. Current Operations

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