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Strike Energy, Southern Cooper Basin Gas Project Operations Update

Strike Energy Limited (ASX:STX) (“Strike”) is pleased to provide an update on operations at its Southern Cooper Basin Gas Project in PEL 96 (Strike 66.67% and Operator, Energy World Corporation (ASX:EWC) 33.33%).
 
Operations Status
 
After a period of steady operation, production from the Klebb 1 beam pump has not been able to be maintained following a shut in as a result of gas build up in the well’s tubing. In order to re-establish stable production at the well location, a workover of the well to replace the downhole pump equipment is now planned to improve the capacity to handle gas inflow.
 
Production testing at Klebb 2 and 3 has continued, with water rates being maintained at around 500bwpd given the effective assistance that the wells are providing to Klebb 1 at these rates.
 
 
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