Oz Strike Energy to Complete Jaws-1 in April

Australian junior Strike Energy has progressed its Jaws-1 project in the Cooper Basin’s onshore Klebb field and is planning to complete the drilling program in April and be ready for fracture stimulation, the company said February 27. “Since the last report the vertical well has intersected the coals and reached its total depth of 2,164m,” it said.

“Preparations are currently underway to run the pressurised coring campaign which will be followed by the 7” casing being run in hole in readiness for its intercept by the Jaws-1 horizontal well later in the campaign,” it added.

The Jaws-1 project wells are being drilled by US multinational Halliburton in collaboration with Ensign. The vertical well is the first part of a two well appraisal campaign designed to prove commercial flow rates of gas and assess the quality of Strike’s Southern Cooper Basin Gas Project in PEL96 (Strike 66.67% and operator, Energy World Corporation 33.33%).  

The company is hoping to achieve commercial gas flow rates at Jaws-1 this year on an expected 50 TJ/day project.

The company’s Southern Cooper Basin Gas Project (PEL 94, 95 and 96) is targeting the gas potential of a series of very thick coal seams across a large portion of the permits.