DRILLING

Strike encouraged by Cooper Basin tests

STRIKE Energy has encountered encouraging results at its Cooper Basin prospects as the presence of a thick, gas-saturated coal system has been confirmed in the PEL 96 permit area.

Strike encouraged by Cooper Basin tests

The results come as the company's appraisal drilling program in the basin has reached completion, materially de-risking resource and cost estimates for the next stage of the project's commercialisation....

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