Strike Energy has inked a fourfold increase in the net reservoir within the secondary objective Wagina sandstone to 10.2 metres with porosities of up to 14% at its multi-target West Erregulla-2 well in the Perth Basin, Western Australia. The company said this compares favourably to the nearby producing Beharra Springs fields, which flowed up to 38 million cubic feet of gas per day from a 10.4 metre net gas reservoir in the Wagina sandstone.
12/08/2019 - 11:26
Strike marks 300% increase in Perth Basin gas pay
By Matt Birney
12/08/2019 - 11:26
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Strike EnergyClosing price for the last 90 trading daysPowered by Morningstar ®
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Rank Company Revenue 86th Strike Energy $5.6m 112th Critical Resources $2.8m 113th Ionic Rare Earths $2.8m 115th Finder Energy $2.7m 116th RareX $2.5m 598 listed resources wa companies ranked by revenue.
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