Strike Energy (ASX:STX) said that recent seismic data interpretation at the Kadathinni and Ocean Hill prospects at its Perth Basin project confirms prospectivety, supporting further exploration and appraisal, according to a Wednesday filing with the Australian bourse.
The three-dimensional interpretation of data at Ocean Hill suggests significant potential upside to the current contingent resources, the filing said.
Strike plans a three-well appraisal program to test the Ocean Hill structure, the filing added.
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