Strike Energy

:  Level 1, 40 Kings Park Road, West Perth WA 6005

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Questrial

20th February 2024

ASX: STX The Company Announcement Officer ASX Ltd via electronic lodgement

South Erregulla Update
Strike Energy Limited (Strike - ASX: STX) provides an update on the South Erregulla well testing
operations from within the Perth Basin Production Licence L24.
South Erregulla-2 (SE-2) has commenced well testing, where drilling and completion fluids
have been displaced from the well bore and have been produced to surface. Gas and formation
water is currently being produced to surface where samples of both have been collected. Strike
is now looking to mobilise additional equipment in the coming weeks in order to conduct further
flow testing operations.
Since the testing equipment departed SE-3, approximately 431 psi of well head pressure has
been observed to have built up in the SE-3 well head (and is continuing to rise) indicating some
form of a pressure response from the primary formation in that well.
Strike is conducting additional independent reviews and internal analysis to support the forward
plan at both SE-2 & 3. As information on the SE-2 well test and potential future operations at
SE-3 are generated, Strike will provide further updates.
This announcement is authorised for release by the Managing Director and Chief Executive
Officer in accordance with the Company’s Continuous Disclosure Policy.
Company Contact
Emma Alexander
Investor Relations & Corporate Manager
Strike Energy Limited
emma.alexander@strikeenergy.com.au

strike@strikeenergy.com.au

ABN 59 078 012 745

Media Contacts
Paul Ryan
Citadel-MAGNUS
0409 296 511
pryan@citadelmagnus.com

www.strikeenergy.com.au L1, 40 Kings Park Rd, West Perth WA 6005