Strike Energy Ltd. released results of independently certified gas resources for Wagina reservoir in its 100%-owned South Erregulla field in permit EP503 in the onshore North Perth basin of Western Australia.
Netherland, Sewell & Associates Inc. (NSAI) reported the reservoir holds net 2C contingent resources of about 93 petajoules based on testing of the South Erregulla discovery well.
Together with reserves already certified for the underlying Kingia sandstone reservoir, South Erregulla has a combined 2P reserves and 2C contingent resource of 399 petajoules.
The updated reserves and resources report from NSAI is based on drilling, coring, log, seismic, and production testing data from the Kingia and Wagina sandstones in South Erregulla-1.
Testing of the reservoir earlier this year flowed at a peak rate of 35 MMcfd of gas followed by sustained rates of 2 MMcfd with a wellhead flowing pressure of 350 psi through a 32/64-in. choke, Strike said.
The company can now confirm it has sufficient feedstock required to progress Project Haber, its proposed integrated low carbon fertilizer development.
Strike now will now a future well to be drilled in second-quarter 2023 with the aim of converting Wagina contingent resources to reserves and demonstrating the quality of the play, it said.