Strike Energy Secures Block CO2013-B in South Australia's Cooper Basin
Strike Energy Limited announced Tuesday that it has been successful in its application for block CO2013‐B in the Cooper Basin exploration acreage release by the Government of South Australia.
CO2013‐B (Strike 100.0 percent) has an area of 850,786 acres (3,443 square kilometers), is located directly adjacent to PEL 96 (Strike 66.7 percent) and contains the western extension of the Weena Trough. Strike’s committed work program for the CO2013‐B permit after the completion of the necessary native title agreements and formal award of the permit is two exploration wells to evaluate the extension of the thick coals, the current focus of Strike’s Southern Cooper Basin Gas Project.
The work programs on all of the blocks in the acreage release are substantial, reflecting the strategic importance and prospectivity of the Southern Cooper Basin.
Managing Director's Comment
“We are extremely pleased to be offered the opportunity to further advance our evaluation of the Weena Trough coals in CO2013‐B, which will complement our commercialisation strategy for the Southern Cooper Basin Gas Project by delivering a larger footprint in a highly prospective area.
In addition, Strike is encouraged by the significant increase in exploration activity by established Cooper Basin players across the Southern Cooper Basin, adding value to our broader portfolio.”
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- ExxonMobil Racks Up Discoveries in Guyana Block Eyed by Chevron
- Oil Market Sentiment Has Improved Significantly
- EU, US Eye Collaboration on Nuclear Materials
- USA Driving Activity to Increase to All-Time Highs
- EU Electricity Export to Ukraine Up 94 Percent in Two Years
- China Coal Output Falls for First Time since Government Ordered More
- TC Energy to Sell Prince Rupert Gas Pipeline Project to First Nation
- BP Pulse Buys One of Europe's Largest Truck Stops
- UK CCUS Plans Outdated: Think Tank
- I Squared Eyes Full Ownership of Europe Gas Storage Firm
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- Rystad Looks at the Buzz Around White Hydrogen
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension