Strike Energy’s Jaws-1 horizontal coal seam gas well in the Cooper Basin of South Australia, is currently flowing water at a rate of about 1,100 barrels per day and rising with the electric submersible pumps operating near their lowest setting. This indicates significant reservoir inflow from the targeted Vu Upper coal seam and the company will continue to ramp up water production until sustained operations are achieved.
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Rank Company Revenue 87th Strike Energy $5.6m 100th CuFe $4.2m 101st Rox Resources $4.0m 103rd Legacy Iron Ore $3.5m 104th Jupiter Mines $3.5m 604 listed resources wa companies ranked by revenue.
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