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Why Strike Energy’s Walyering Reserves Took a Big Hit and What’s Next

8:36am on Tuesday 19th of August, 2025 AEST Energy
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Why Strike Energy’s Walyering Reserves Took a Big Hit and What’s Next

8:36am on Tuesday 19th of August, 2025 AEST
Key Points
  • 1P sales gas reserves cut from 23.2 PJ to 11.2 PJ after FY25 production
  • Walyering-7 well underperforms, leading to reserves reclassification
  • Prospective resources identified at Walyering West with drilling planned for 1H 2026
  • Expected impairment of oil & gas assets between A$85m and A$108m
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