Strike Energy Limited (AU:STX) has released an update.
Strike Energy Limited has announced significant progress at the Erregulla Deep-1 exploration well within the EP469 Joint Venture, reaching an intermediate casing point at 4593m depth. Gas shows in the Dongara and Wagina formations indicate potential gas accumulation, with further testing planned to confirm recoverable resources. The company will continue drilling and provide updates after reaching Total Depth, highlighting the potential expansion of the West Erregulla gas field.
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