Strike Energy Releases independent reserve certification of South Erregulla, WA
- Strike Energy’s (STX) South Erregulla operation has been independently certified to host combined 2P reserves and 2C contingent resources of 306 petajoules
- This certification relates to the Kingia Sandstone alone and follows “successful” drilling by Strike at the South Erregulla well
- It brings the company’s independently certified 2P and 2C reserves and resources in the region to 532 petajoules
- Managing Director and CEO Stuart Nicholls says the report gives the company “high confidence” in the gas potential of the broader South Erregulla structure
- Shares in Strike are up 6.98 per cent and trading at 23 cents at 1:32 pm AEST
