Strike Energy selects preferred West Erregulla processing pathway

• Strike Energy established a processing agreement with Hancock Energy for the West Erregulla Gas Project.
• The transaction secures a target processing capacity net to Strike of 43.5 terajoules per day.
• The agreement establishes Hancock Energy’s Belisama gas processing facility as the preferred development pathway.

Strike Energy (ASX:STX) has chosen Hancock Energy's Belisama Gas Processing Facility as its preferred processing pathway for the West Erregulla Project.

The selection provides a clear operational framework compared to earlier standalone processing concepts considered by the joint venture.

The agreement targets a processing capacity net to Strike of 43.5 terajoules per day.

The company stated that the processing pathway forms part of broader development milestones, including reserve growth, funding capacity, and power project initiatives.

Following the announcement the Strike Energy share price was unchanged at $0.12.

Strike Energy operates as an onshore gas producer and explorer focused primarily on developing resources across Western Australia's Perth Basin.

The business continues to progress several regional assets, including the Walyering gas field and the South Erregulla Power Project.