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Strike Energy Completes Eagle Ford Well

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Strike Energy Completes Eagle Ford Well

Strike Energy Limited, through its' interest in the Eagle Landing Joint Venture, participates in an Eagle Ford Shale project covering approximately 37,400 acres – in excess of 10,200 acres net to Strike's 27.5 percent working interest.

A 21 stage fracture stimulation operation is scheduled to commence at the joint venture's first production test well – Bigham 1H – early next week. Once the frac program has been completed, cement plug drill out and flow back operations will be undertaken. Production testing will occur once the well has cleaned up and, assuming trouble free operations, initial production results should be available during the second half of October.

As previously advised, Bigham 1H was drilled to a total measured depth of 17,700 feet (approx. 5,400 meters), with a 5,150…

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