ASX AnnouncementThe Company Announcement Officer ASX Ltd via...

ASX Announcement
The Company Announcement Officer ASX Ltd via electronic lodgement 31st May 2019
WEST ERREGULLA-2 UPDATE Highlights  4,500km mobilisation with 95 loads completed without incident Rig set up complete with spud expected to occur Saturday 1st June AWST Strike Energy Limited (Strike - ASX: STX) operator and the holder of a 50% joint venture interest in EP469, and Warrego Energy (ASX: WGO) a holder of the other 50% joint venture interest provide the following update on the drilling operations at the West Erregulla-2 well. Current Operations The Easternwell 106 has now raised its mast and substructure, and installed the top drive. Third-party inspection has been completed and crews have commenced 24hr operations with the rig powered up. Forward Plan Final safety and functional checks will be carried out in accordance with the pre-spud checklist requirements and rig acceptance for spud is currently expected Saturday afternoon. Drilling will commence from the pre- installed conductor at 65m to a planned depth of 1,000m in the 17-1/2” surface hole section. West Erregulla-2 West Erregulla-2 is being drilled in EP 469, which is adjacent to and targeting analogous Permian gas sands of a similar size and nature as the Waitsia gas discovery. The well will be drilled to a planned total depth of 5,200m and penetrate three independent reservoir targets. These include a conventional oil prospect in the Cattamarra, a conventional gas target in the Basal Wagina sandstones and the primary gas sand sequence in the Kingia High Cliff.
Strike Energy Limited ABN 59 078 012 745 P: +61 8 7099 7464 1/31-35 George St, Thebarton. South Australia 5031 www.strikeenergy.com.au E: [email protected]

ASX Announcement
31st May 2019
Investor & Media Contacts Stuart Nicholls Managing Director Phone: +61 432 587 808 email: [email protected] Justin Ferravant Chief Financial Officer & Company Secretary Phone: +61 8 7099 7483 email: [email protected] West Erregulla-2 Location and Amplitude Visualisations of stacked targets: