'Positive' Perth basin delay: Strike halts West Erregulla drilling after hitting over-pressured zone

Final investment decision to slip back but delays at Australian development seen as a positive indication of larger than expected resource

Over-pressure: Strike has been forced to push back a final investment decision of its West Erregulla Phase 1 development due to delays at the West Erregulla-3 appraisal well
Over-pressure: Strike has been forced to push back a final investment decision of its West Erregulla Phase 1 development due to delays at the West Erregulla-3 appraisal wellPhoto: STRIKE ENERGY
Published 4 January 2021, 01:31Updated 4 January 2021, 01:34