Strike Energy has completed drilling the West Erregulla 5 well to a depth of 5015m, with wireline logs confirming a large high quality gas resource at the Western Australian project.
The company completed drilling operations in the Holmwood Shale after passing through the Bit basher Shale and the High Cliff Sandstone with logging while drilling tools.
The initial wireline logs have been acquired to confirm the reservoir and resource characteristics where these operations are ongoing.
Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.