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Strike Energy Announces Southern Cooper Basin Gas Project Operations Update

Klebb pilot upgrade successfully completed
Klebb 4 ESP successfully commissioned
All 4 Klebb wells now on test

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%).

Over the last few months Strike has successfully completed a major upgrade of the production
capacity of the Klebb pilot project. The work has included an upgrade of the jet pump systems at Klebb 2 and 3 and fracture stimulation, completion and commissioning of an electric submersible pump (“ESP”) at Klebb 4.

Consistent production from all four Klebb wells will accelerate reservoir pressure reduction leading to increasing gas flow rates.

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