Strike has signed a two-year gas transportation agreement (GTA) with APA Group Pty Ltd, enabling the delivery of 10 TJ/d into the Dampier to Bunbury Natural Gas Pipeline (DBNGP) from the Walyering gas processing facility. This will be facilitated through a new inter-pipeline connection at Mondarra, currently under construction and commissioned by APA.

This infrastructure is expected to be operational by late 2024.

This agreement provides Strike access to the significantly larger and more active market connected to the DBNGP, where approximately 95 per cent of daily gas in Western Australia is sold and consumed.

The company intends to run a marketing process for this additional volume in the coming months.

On 6 February 2024, Strike effectively delivered 34 TJ from the Walyering gas field into the Western Australian domestic gas market — demonstrating the facility’s unused capacity above its original nameplate with instantaneous rates equivalent to 38 TJ/d.

In the coming quarter, Strike will drill the Walyering-7 appraisal well, which on success may allow Strike to unlock this additional throughput permanently, expanding its market share on the PGP and using its GTA with APA to deliver volumes into the DBNGP.

Strike has completed an initial external review of the A-Sand production, which is tracking to its original 2P Reserves case.

Ongoing deliveries at production rates above firm contracted volumes remain subject to customer nominations and further gas marketing activities.