STX 4.65% 22.5¢ strike energy limited

Ann: Excellent WE3 results confirm extension of field to north, page-3

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    • WE3 has confirmed the high-quality conventional gas resource in the northern
    extent of the West Erregulla gas field in the Kingia Sandstone.
    • Logging and petrophysical interpretation across the Kingia includes:
    o Net pay of 38m in a 60m gross gas column.
    o Average porosity of 13.8% and up to 19%.

    o No gas water contact encountered.
    • NSAI to be engaged to review the Reserve and Resources booking for the West
    Erregulla field following the positive WE3 results.

 
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