Strike Energy Limited (AU:STX) has released an update.
Triangle Energy Global Ltd, in partnership with Strike Energy Ltd and New Zealand Oil and Gas Ltd, is gearing up to drill the highly anticipated Booth-1 well in the North Perth Basin in late June 2024. The operation is expected to explore the promising gas prospect with the potential for oil, targeting the Kingia-High Cliff reservoirs. With estimated prospects ranging from 113 billion cubic feet to 540 billion cubic feet of gas, the joint venture aims to bolster the energy market with this strategic drilling initiative.
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