Oil and Gas News

Strike Energy on track with South Erregulla

Strike Energy's South Erregulla

Strike Energy has announced updates on drilling operations at the South Erregulla target in the company-owned EP503 section.

After reaching the current depth of 1940m and running a 12-¼-inch drilling assembly to the immediate hole section, Strike has put forward plans to drill ahead to a depth of 4330m in the Carynginia Shale. This will be followed by running a 9-⅝-inch casing and cementing it in place.

Strike Energy has stated that South Erregulla has significant resource potential based on strong seismic and well data, and a recently discovered undip connectivity to the EP469 intersection.

SE1 is expected to encounter the gas reservoir in the Kingia sandstone at a depth 4369m, roughly 200m shallower than the penetration of the Kingia at the West Erregulla site.

After acquiring 3D seismic data over EP469 and EP320 in conjunction with the recently acquired Maior 2D seismic and reprocessed legacy 2D lines, Strike has confidently interpreted a major structural high in EP503.

Numerous drilling operations correlate this model and support the presence of gas charged porous sands in the Kingia sandstone at the South Erregulla site.

Structural mapping, which was recently corroborated by Netherland Sewell and Associates Inc, shows a greater structure rising in the location where the South Erregulla target has been identified.

Strike Energy expects to delineate approximately 350 PJs of high confidence resource, which will secure the gas requirements for the proposed Geraldton based urea fertiliser manufacturing facility.