STX 4.65% 20.5¢ strike energy limited

Outline of Stuart Nicholls MD report: During the campaign Strike...

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    Outline of Stuart Nicholls MD report:


    During the campaign Strike gathered and collected abundant confirmatory and valuable subsurface data.

    Some of the major data samples included pressure cores of the Patchawarra coal seams which showed:

    * results of gas contents as expected,
    * microseismic and tiltmeter information which confirmed volumes of stimulated rock and drainage areas of over 140 acres
    * and deployment of around 1 million pounds of proppant into the formation.


    Through the refinement of the reservoir models of the SCBGP coals and the Jaws-1 production system, Strike is confident that the two in combination should meet the project’s primary objective of producing gas at commercial thresholds in order to book a reserve.
 
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