Ann: Strike Set for a Transformational Second Half of 2021, page-2

Strike set for a transformational second half of ‘21

Highlights:
Strike’s multi-well Perth Basin program to target ~1,800 PJe of prospective conventional gas resources1 over the second half of 2021.
- South Erregulla-1 well to spud in October.
- Strike to acquire Maior 2D seismic in July.
- MOU for gas supply from South Erregulla entered into with Goldfields downstream developer for 15-20 TJ/d for 5 years starting in 2024.
- Walyering-5 well to spud in September under free carry from Talon Energy.
- Bid round acreage granted as full exploration permit EP506.


Ensign 970 Rig Program
Strike and Energy Resources Limited have agreed terms for the sharing of the Ensign Rig970 during the second half of
CY21. The rig will move to Lockyer Deep-1 during the remainder of July and August before coming back to Strike to drill Walyering-5, South Erregulla-1 and with a followon appraisal well or third opportunity that is currently being worked.