In February, Strike entered a drilling agreement withEnsign and a rig sharing agreement with MineralResources that saw us commit to 2 firm well slots and secure 4 option well slots over the FY24/25period with Ensign Rig 970. Post year end, wereceived handover of the rig and have spudded thefirst of 2 appraisal wells at South Erregulla with theintention of converting up to 178 PJ of 2C ContingentResources in the Kingia Sandstone to Reserves. We have also had positive engagement with our newEP469 Joint Venture partner in preparation for the2-near field exploration wells close to West Erregulla;Southwest Erregulla-1 and Erregulla Deep-1, whichhave now been approved and will come onto the rigschedule in CY24.
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