Strike Energy Limited (AU:STX) has released an update.
Strike Energy Limited reports promising findings at the Erregulla Deep-1 exploration well, with signs of gas-charged sands in both the Irwin River Coal Measures and the primary target, the Kingia Sandstone. The well has reached a depth of 5,208 meters and is proceeding towards its final target depth, with further wireline logging planned to confirm these preliminary observations. The company is set to provide a detailed update following the completion of the wireline logging campaign.
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