Strike Energy Limited provided an update on the results for WE3 at the West Erregulla gas field on behalf of the EP469 JV, where the WE3 well has confirmed the extension of the high-quality, conventional gas field within the Kingia Sandstones in the Perth Basin. WE3 has confirmed the high-quality conventional gas resource in the northern extent of the West Erregulla gas field in the Kingia Sandstone. Logging and petrophysical interpretation across the Kingia includes: Net pay of 38m in a 60m gross gas column.

Average porosity of 13.8% and up to 19%. No gas water contact encountered. NSAI to be engaged to review the reserve and resources booking for the West Erregulla field following the positive WE3 results.