Walyering-5 intermediate hole section has reached section depth of 2,380m. • 9-5/8” casing has been run in place, cemented and pressure tested. • Preparing to run in hole and drill the final production section. Strike Energy Limited (Strike - ASX: STX) provides an update on the appraisal drilling operations at Walyering-5 (W5) in the Perth Basin on behalf of the EP447 JV. Current Operations Strike drilled the intermediate hole section of W5 down to 2,380m MD (measured depth) and has run and cemented 9-5/8” casing in place. Strike has then pressure tested the casing and is preparing to run in hole with an 8-1/2” drilling assembly. Forward Plan Strike will drill the production hole section in 8-1/2” hole down to a depth of 3,274m MD and expects to encounter the primary and secondary objectives in the A Sand and B Sand of the Cattamarra Coal Measures at prognosed depths of 3,073m and 3,195m MD respectively. On success Strike will conduct an evaluation program before casing and securing the well for future testing operations.
STX Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
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