Gas will be produced from Strike’s South Cooper basin gas project which is focused around the resources in the PEL 96 permit.
Strike will deliver 3PJ per year at a fixed price, starting in 2017.
Orora will pay Strike an option fee when the joint venture proceeds with a pilot production test project.
Strike will use the fee to speed up the work programme following a recent confirmation of a “substantial, continuous gas resource directly under the Moomba to Adelaide gas pipeline”.
Strike
