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Strike Energy Confirms Hyrdocarbon Recovery During Western Australia Well Flow Testing Operations

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Strike Energy (ASX:STX) confirmed that hydrocarbons have been recovered to surface at the Walyering West-1 exploration well, onshore Perth Basin in Western Australia, during flow testing operations, according to a Tuesday Australian bourse filing.

The program is designed to evaluate reservoir productivity and gather pressure and flow rate data from the A Sub1, C 1, and D 1- 4 sands within the primary target of the Cattamarra formation. The program and evaluation are expected to be completed by the end of June.

Production from the Walyering gas field is undergoing a planned shutdown to facilitate the installation and commissioning of field compression facilities. Facility restart is anticipated on Wednesday.

Its shares fell 2% in recent trading on Tuesday.

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