Strike Energy Limited as the operator and holder of a 50% working interest
in the EP469 Joint Venture is pleased to announce that Production Licence - L25 has been
granted by the Department of Energy, Mines, Industry, Regulation and Safety over the West
Erregulla gas field.
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 Resources1
. 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 Stuart 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.”
This announcement is authorised by Stuart Nicholls, Managing Director & Chief Executive
Officer of Strike in accordance with the Company’s Continuous Disclosure Policy
