Strike to acquire a 50% interest in and operatorship of EP469 within the highly prospective Perth Basin.
• EP469 contains a top tier analogous prospect to the recently tested and history making Waitsia discovery (which is only 16km from the prospect).
• Strike will fund Warrego Energy’s share for one exploration well inclusive of associated costs.
• Acquisition provides Strike’s portfolio with resilience and potentially transformational gas supplies in both Eastern and Western Australia.
Ann: STX Acquires Interest in Highly Attractive Perth Basin Block, page-3
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