Financial Wire

Strike Energy Starts Drilling at Exploration Well in Western Australia

-- Strike Energy (ASX:STX) commenced drilling at its Walyering West-1 exploration well under its L23 production license in Western Australia's Perth Basin, according to a Thursday filing with the Australian bourse.

The well is drilling ahead at 1,006 meters measured depth rotary table (MDRT). Drilling operations are expected to take roughly 20 days and return preliminary results early in May, per the filing.

Walyering West-1 is targeting sandstone reservoirs within the Cattamarra Coal Measures formation, with the aim of evaluating gas and condensate potential, the company said.

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