OPERATIONS

Strike prepares for 'transformational' six months

PERTH Basin operator Strike Energy has revealed its game plan for the second half of the year with plans to acquire the Maior 2D seismic, begin drilling a new well and signing a gas supply agreement, in what it describes as a "transformational" development.

Strike managing director and CEO Stuart Nicholls

Strike managing director and CEO Stuart Nicholls

Strike said Tuesday it plans to spud the South Erregulla-1 well at EP503 in October using Ensign 970 rig, noting the well represents a significant near-term multi-trillion cubic foot upside for the company...

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