RBC initiates on Warrego

RBC Capital Markets has initiated coverage on Perth Basin player Warrego Energy which holds EP469 and the West Erregulla gas discovery jointly with Strike Energy. 

RBC initiates on Warrego RBC initiates on Warrego RBC initiates on Warrego RBC initiates on Warrego RBC initiates on Warrego

Drilling at West Erregulla-3

 
Operator Strike drilled West Erregulla-2 last year to 5000m, hitting three gas targets with flow testing running at 69 million cubic feet per day, making it one of the largest conventional gas