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Strike Upgrades Production at Klebb Pilot; Flow Rates Improving

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Strike Upgrades Production at Klebb Pilot; Flow Rates Improving

Strike Energy Limited reported an update on operations at its Southern Cooper Basin Gas Project in PEL 96 (Strike 66.67% and Operator, Energy World Corporation 33.33%).

Overview

Over the last few months Strike has successfully completed a major upgrade of the production capacity of the Klebb pilot project. The work hasincluded an upgrade of the jet pump systems at Klebb 2 and 3 and fracture stimulation, completion and commissioning of an electric submersible pump at Klebb 4.

Consistent production from all four Klebb wells will accelerate reservoir pressure reduction leading to increasing gas flow rates.

Klebb Production Test Update

Since the Company’s last operations update on 21 June 2016, flow testing has continued. The performance of Klebb 2 in terms of water and gas production rates…

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