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471

West Erregulla production licence granted

The West Erregulla gas field is located in the north Perth Basin with an independently estimated gross 452 PJ of 2P Reserves plus 2C and Contingent Resources.

West Erregulla production licence granted

Source: Strike Energy Ltd.

Moscow, August 16 - Neftegaz.RU. Strike Energy Ltd. has been granted a production license for West Erregulla gas field in Western Australia's north Perth basin by the Department of Energy, Mines, Industry, Regulation and Safety.

About the West Erregulla gas field development

The West Erregulla gas field is located in the north Perth Basin with an independently estimated gross 452 PJ of 2P Reserves plus 2C and Contingent Resources.
The field was discovered, appraised and engineered over 2019 to 2023.
Strike and its joint venture partner Warrego Energy 469 Pty Ltd (who hold the remaining 50% non-operated interest) are working towards a Final Investment Decision later this year on an 87 TJ/d nameplate capacity gas development with Australian Gas Infrastructure Group (AGIG) as the midstream partner (providing gas processing and export pipeline).
EPA approvals for both the upstream and midstream developments further support the proposed investment decision.
The EP469 JV is a joint venture between Strike Energy (50% & Operator) and Warrego Energy 469 Pty Ltd (50%).

Strike’s Managing Director and Chief Executive Officer S. Nicholls said:
  • receiving Production Licence L25 further de-risks the path for the development of the West Erregulla gas field;
  • West Erregulla, Strike’s flagship asset, will be a timely and major source of new gas in WA, which will produce well into the 2040s;
  • Strike has now delivered primary environmental approvals and production tenure across three of the four gas fields that make up its Gas Acceleration Strategy.

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