• Total procurement program is now ~70% complete.
• Pipeline connection agreement executed with APA Group.
• Secondary approval documents submitted to DMIRS and under assessment.
• Gas sales agreement terms sheet executed.

Strike Energy provides an update on behalf of the Walyering EP447 JV where Strike is the operator and owner of a 55% equity interest, with Talon Energy the owner of the remaining 45%.

Walyering Gas Field Development

Since the Walyering gas field was sanctioned for development in mid-August the Walyering EP447 JV has entered into the execution phase and has made good progress across a number of key project fronts.

Procurement is now ~70% complete with all critical path items under order, local fabrication well progressed and several major overseas components having already arrived in Western Australia (WA). Procurement remains on track against the development plan as does Strike’s target of first gas sales in Q1/23.

The Joint Venture has used a high percentage local procurement and fabrication strategy to minimise exposure to the current turbulent global supply chains. Of the total development expenditure more than 70% is being spent at Australian domiciled businesses with approximately 72% of that quantum being spent in Western Australia.

The EP447JV has signed a gas pipeline connection agreement with APA Group (APA) for the Walyering Production Facility to inject its sales gas into the Parmelia Gas Pipeline and APA have subsequently commenced their procurement and detailed engineering.

Secondary approvals at Walyering are the critical path for construction, commissioning and first production operations. As such Strike has been liaising with the Department of Mines, Industry, Regulation and Safety (DMIRS) after having submitted its Production License, Pipeline License and Field Management Plans. These key approvals are progressing smoothly, and Strike is confident that commissioning and production operations can commence in the soonest possible timeframe which remains on target for first gas sales in Q1/23. 

KeyFacts Energy: Strike Energy Australia country profile   l   Talon Petroleum Australia country profile