Strike Energy has completed its Ocean Hill seismic acquisition and began a seismic survey in Kadathinni in Australia, the company said in an April 19 report.
The 256 sq km 3D seismic acquisition over the large Ocean Hill gas discovery was completed under budget in Strike’s 100% owned and operated EP495 permit. The acquisition will assist in further defining the structure and faulting within the field and will be used to site a future appraisal well to support potential resource-to-reserve conversion.
Strike has also started a 2D seismic survey of 479 km in Kadathinni, the company’s 100% owned and operated EP503, EP504 and EP505 permits. The four structures that make up the Arrino-Kadathinni complex on the Tathra Terrace represent what Strike said will be the next Permian frontier for the Perth Basin. The Arrino Kadathinni structures are currently interpreted to be at similar depths to previously discovered Lockyer and West/South and North Erregulla wells.
RELATED
Recommended Reading
Analyst Questions Kimmeridge’s Character, Ben Dell Responds
2024-05-02 - The analyst said that “they don’t seem to be particularly good actors.” Ben Dell, Kimmeridge Energy Partners managing partner, told Hart Energy that “our reputation is unparalleled.”
Tellurian Reports Driftwood LNG Progress Amid Low NatGas Production
2024-05-02 - Tellurian’s Driftwood LNG received an extension through 2029 with authorization from the Federal Energy Regulatory Commission and the U.S. Army Corps of Engineers.
Zeta Energy Appoints Michael Everett as COO
2024-05-02 - Prior to joining Zeta Energy, a lithium-sulfur battery developer, Michael Everett previously served as president and COO at Advanced Battery Concepts.
Shell Launches $3.5 Billion Share Buyback Program
2024-05-02 - Shell, which posted first-quarter adjusted earnings of $7.7 billion, will cancel all of the shares it buys.
Supply Disruptions Ahead as Canadian Rail Workers Vote for Strike
2024-05-01 - The union, representing more than 9,000 employees at Canadian National Railway and Canadian Pacific Kansas City, announced that 95% of its members approved of a strike, which could happen as early as May 22.