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Strike completes seismic acquisition
Image: OMIA/Adobe Stock.The company has completed the seismic acquisition over the large Jurassic aged Ocean Hill gas discovery.
Strike Energy has completed the 256 km² 3D seismic acquisition over the large Jurassic aged Ocean Hill gas discovery within the 100 per cent owned and operated EP495.
The survey was completed on schedule and under budget.
Ocean Hill contains a material 2C Contingent Resource of 306 petajoules as certified by RISC1 .
The 3D seismic acquisition will assist in further defining the structure and faulting within the field and, with the application of Strike’s proprietary information from the successful Jurassic aged Walyering gas field discovery and development, will be used to site a future appraisal well to support potential Resource to Reserve conversion.
Ocean Hill is similar to Walyering, in that it possesses low impurity condensate rich gas and is physically advantaged being adjacent to a pipeline compressor station.
In this case, Compressor Station-8 of the Dampier to Bunbury Natural Gas Pipeline, which is connected to both the LNG projects in the North and the industrial gas markets of WA in the South.
Strike has commenced the 479 km Kadathinni 2D seismic survey in the 100 per cent owned and operated EP503, 504 and EP505 where more than 100 km² of Permian closure has been identified on both historical and the South Erregulla Maior 2D seismic volumes.
The four structures that make up the Arrino-Kadathinni complex on the Tathra Terrace represent what Strike believes to be the next Permian frontier for the basin.
The play remains open to the East where no wells have been drilled to Kingia depth on the Eastern side of the Dandaragan Trough, which is more proximal to the North-Eastern sediment deposition trend.
The Arrino-Kadathinni structures are currently interpreted to be at similar depths to Lockyer and West/South and North Erregulla.
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Ann: Exploration Update, page-70
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