STRIKE ENERGY LIMITED 2014 ANNUAL GENERAL MEETING Sydney, 30 October 2014 Chairmans Address
STRIKE ENERGY LIMITED 2014 ANNUAL GENERAL MEETING Sydney, 30 October 2014 Managing Directors Presentation
Strike Energy Limited 2014 Review Southern Cooper Basin Gas Project Update US Update Strike Energy Limited - AGM, October 2014 2
2014 Review Cooper Basin Drilled Le Chiffre 1 & Klebb 1 - Extension of thick coals encountered at Davenport into Weena Trough Fracture stimulation and initial flow-back test of Le Chiffre 1 & Klebb 1 Davenport 1 fracced and initial…
SOUTHERN COOPER BASIN GAS PROJECT
Southern Cooper Basin Gas Project: Update Moomba Permit STX working Operator interest Marsden 1 96 66.67% Strike 95 50% Beach Energy (50%) 94 35% Beach Energy (50%) PEL 94 PEL 95 Davenport 1 Mount Isa PELA640 100% Strike…
Southern Cooper Basin Gas Project: What do we know Substantial gas resource in place The results of the drilling and testing programs in PEL 96 and PEL 94 have confirmed the presence of continuous, thick coals over an extensive area…
Southern Cooper Basin Gas Project: Next steps Gas flows to surface is now our primary objective How Extended production testing of a portfolio of five wells in PELs 96 and 94 Continued production testing Le Chiffre 1 & Klebb 1…
Southern Cooper Basin Gas Project: Initial test zones 40km 8km Davenport 1 Klebb 3 200m SW Klebb 1 200m NE Klebb 2 Le Chire 1 PEL 94 PEL 96 Milperra Depth 1,905m Weena Depth 1,930m Depth 1,830m trough trough Perforation Vm3…
Southern Cooper Basin Gas Project - Current status Le Chiffre 1 Workover complete Surface facilities are being installed Klebb 1 Workover complete Surface facilities installed, in pre-start commissioning Klebb 2 Well has been…
US PROJECTS Strike Energy Limited - AGM, October 2014 10
US Eagle Ford Shale Sold 1,617 acres net to Strike for US4.6 million Remaining acreage position 12,541 acres (STX 27.5% - 5,924 net acres) Permian Basin Seeking partner to progress evaluation of the play TEXAS Eagle Ford…
US Permian Basin 7,580 acres in NW Martin County Texas (STX 25% - 1,895 net acres) Oil production of 120 boepd (30 boepd net to Strike) from the Middle Clearfork Formation (MCF) a conventional carbonate reservoir Clearfork Lower…