Australian Coal Seam Gas - Southern Cooper

A large Coal Seam Gas opportunity located adjacent a gas pipeline with capacity to rapidly access Australia's key gas markets.

Strike Energy is set to commence drilling in the Southern Cooper Basin permit PEL 96 in South Australia in mid 2010 to test the Coal Seam Gas (CSG) prospectivity of the project.

Strike Energy holds a 66.7% interest in and is operator of the project which features extensive thick coal seams and close proximity to Epic Energy's "open access" Moomba-to-Adelaide gas pipeline, providing direct access to the South Australian gas market as well as the broader eastern Australian market.

 


Coal thickness - PEL 96 coal measures
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An independent technical review by CSG specialists MBA Petroleum Consultants of Brisbane previously confirmed a Prospective Resource of 7,000 to 19,000 Petajoules of gas-in-place (Strike Energy's share 5,000 to 12,000 Petajoules) at the project.

The project also holds potential for Underground Coal Gasification (UCG). Studies of the UCG potential are being undertaken and additional information gained by the CSG drilling program discussed above will also assist this assessment.

 


Southern Cooper Project and other Exploration Acreage Location
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Related Announcements

03-09-2010Inside Briefing Strike Outlook
26-07-2010Operations Update
15-07-2010Encouraging CSG Results
07-07-2010Operations Update
20-04-2010Company presentation