PESA WA March 21st Evening Talk: Perth Basin Technical Evening Event

PESA WA invites you to a Perth Basin technical Evening Event Tuesday 21st March.

L7 / EP 437 – Pushing the (Allanooka) Boundary – how far North is far enough?

Presented by Mike Collins (NED Triangle Energy)

The onshore Perth basin (south of the Allanooka Fault) has been the focus of some significant successful exploration drilling and appraisal since the serendipitous discovery of Waitsia in 2014. Since then, a whole tranche of further discoveries at Beharra Springs Deep, West Erregulla, Lockyer Deep, South Erregulla, North Erregulla Deep, Trigg NW and Tarantula Deep have proven the extent of the Permian Kingia Fm play.

Following Triangle’s acquisition of the Bookara 3D seismic over the L7 and EP 437 permits in 2022 and with the application of the latest interpretative software in relation to reservoir and structural analysis, Triangle Energy is about to embark on an exciting drilling campaign (north of the Allanooka Fault).

It has been over 30 years since any wells have been drilled in the L7 acreage area. Triangle’s upcoming exploration drilling campaign aims to extend the prospective northern boundary of the Permian Kingia Fm gas play whilst at the same time “rediscovering” areas of known oil propspectivity.

This talk will take you on the journey to date…………..

Diversification is the only free lunch.

Presented by Stuart Nicholls (Strike Energy)

This is the notion that holding a broader range of assets can result in better returns without assuming more risk. Whilst completely exposed to the WA gas and energy markets and constrained to the Perth Basin, Strike’s acreage is actually heavily diversified across two completely independent play types in the Permian (north) and the Jurassic (south) which have unique characteristics, challenges, and benefits. Stuart will go through these plays and how Strike is approaching project development and capital allocation using its geological diversity to drive shareholder returns.

Timings for the event:

Date: Thursday 21st March, 2024

Venue: Parmelia Hilton, Mill St, Perth

Time: 6pm – 8pm (Perth time)