Strike Energy Limited (AU:STX) has released an update.
Strike Energy Limited reports successful flow testing at Walyering-7 well with high gas and condensate rates, indicating a new movable gas and condensate accumulation in the Perth Basin. The well produced gas with low impurities and an unexpectedly high condensate ratio, promising elevated energy conversion and condensate production. The successful test paves the way for Walyering-7’s integration into the existing production facility, with future plans to optimize gas production and condensate volume.
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