Ann: STX: West Erregulla Update, page-2

One slight hiccup but good progress being made...

West Erregulla Update • WE4 at 707m and drilling ahead. • Due to WA COVID lockdown, all personnel required to continue immediate operations have been relocated to site in order to proceed without delay. Strike Energy Limited (Strike - ASX: STX) provides an update on the West Erregulla Appraisal Campaign well on behalf of the EP469 Joint Venture. Current Operations Since the last update, Strike has drilled the 26” surface hole section of WE4 down to 707m and is drilling ahead. During the previous period, a section of the Rig 970’s mud system became inoperable and several days of downtime were observed whilst waiting for delivery of a replacement part. Outside of this unavoidable downtime, progress has been good, and drilling has been smooth. Upon announcement on the afternoon of the 31st of January 2021 that the West Australian Government was moving into a 5-day lock down / quarantine period, Strike mobilised all of the required personnel to site in order for the operations to continue without the need to stand down whilst quarantine was observed. Forward Plan Strike will complete drilling the 26” surface hole section to a nominal depth of 1,200m and will then proceed to case and cement the section before assessing the current personnel movement restrictions in the State and drilling ahead.