Media ReleasesStrike Energy

View All Strike Energy News

Strike Energy Announces Southern Cooper Basin Gas Project Operations Update

Sustained 25% increase in Klebb 3 productivity achieved

Klebb 4 frac successfully completed

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%).

Klebb Production Test Update

Production testing continued until June 15th when the wells were shut in ahead of Klebb 4 fracture stimulation and flow back operations. Testing of Klebb 2 and 3 recommenced over the weekend with Klebb 1 to restart in the near term.

The performance of the wells since recommencement of testing has been consistent with previous production ramp ups and we have been particularly pleased with the substantially improved productivity of Klebb 3.

For further information please download PDF attached: 
Download this document

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.