• The Erregulla Deep-1 (ED1) discovery well has commenced its flow testing program
with very high-pressure gas flows initiated to surface.
• ED1 is currently conducting a clean-up flow before continuing with the remainder
of the testing program.
Strike Energy Limited as operator of the EP469/L25 Joint Venture, which
includes the West Erregulla gas field, is pleased to announce that it has commenced the flow
testing program at the Erregulla Deep-1 (ED1) discovery well in EP469.
ED1, which is the deepest well ever drilled onshore Australia, has initiated very high-pressure
conventional gas flows to surface from the Kingia Sandstone (top of 4,778m TVDSS) during the
clean-up phase of the program. Once complete, the program will continue and is expected to
take up to 4-weeks and will include testing of the High Cliff Sandstone gas discovery.
Whilst positive, these initial observations are preliminary in nature and the well test outcome
remains subject to the results of the full flow test program. Strike will provide the final results of
the flow testing program at its conclusion.
About the Erregulla Deep-1 Exploration Campaign
The Erregulla Deep-1 well was drilled into
an interpreted structural closure adjacent
and due east of the existing Reserves at
the West Erregulla gas field and on trend
with the Lockyer and North Erregulla gas
discoveries.
The ED-1 well is located at Lat: 29° 22'
19.91" S, Long: 115° 24' 17.66" E.
The EP469 JV is made up of:
• Strike Energy: 50% & Operator
• Warrego Energy 469 Pty Ltd: 50%
This announcement is authorised for
release by the Managing Director and
Chief Executive Officer in accordance
with the Company’s Continuous
Disclosure Policy.