AUSTRALIA — Strike Energy Limited (ASX:STX), operator of the EP469/L25 joint venture which includes the West Erregulla gas field in the Perth Basin, has made multiple successful gas discoveries in the Erregulla Deep-1 (ED1) well in EP469.

Two high-quality, low-impurity conventional gas discoveries were made, with an aggregate 28 metres of net gas pay at depths never encountered in the Perth Basin.

The discoveries include 26 metres of net gas pay within the Kingia Sandstone with an average porosity of 13 per cent and reservoir pressures of about 7,623 pounds per square inch absolute; and two metres within the High Cliff Sandstone with an average porosity of 11 per cent and reservoir pressures of 7,807 psia.

Multiple gas samples have been acquired in both discoveries and have confirmed good permeabilities, gas gradients and materially lower carbon dioxide contents than observed at West Erregulla.

A further zone of over-pressured high prospectivity was encountered from four metres of net gas pay within the Irwin River Coal Measures, with porosities up to ten per cent and reservoir pressures of about 8,399 psia.

The ED1 well was drilled to 5,225 metres, making it the deepest well ever drilled onshore Australia.

The well also extends the Permian gas play to the East where Strike has a commanding 100 per cent owned acreage position in EP503, 504 and 505.