Strike Energy (ASX:STX) has updated the market on its Erregulla Deep-1 well, with geotechs clocking mud gas responses on the way to total depth higher than background levels. Above background mud gas levels were detected in two intervals downhole the 5,000m deep well; one through a sand body within the Irwin River Coal Measures and another in the primary target – the Kingia Sandstone. While further logging and sampling will need to be conducted to confirm commercial viability of the well (pressure notwithstanding,) HotCopper users were receiving the news well. Strike Energy was the most popula…
