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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.


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