Strike Energy (ASX:STX) drilled and evaluated the Walyering West-1 well in the Perth Basin in Western Australia to a total depth of 3,650 meters and confirmed the presence of a new conventional gas accumulation in the Walyering West prospect, according to a Friday Australian bourse filing.

Mud logs, logging-while-drilling logs, and pressures were used to evaluate the conventional sandstone intervals in the Jurassic Cattamarra Coal Measures targeted by the well.

The firm was unable to complete wireline fluid sampling due to wellbore conditions, which will now be conducted during flow testing. The drill rig is currently preparing to run seven-inch casing and cement in place.

Its shares jumped 7% in recent trading on Friday.