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Strike Oil Provides September 2009 Quarterly Activities Report
Wednesday October 28, 2009, 3:25 pm

Original Announcement: Quarterly Activities Report

Strike Oil provided its September 2009 quarterly activities report, reporting that its USA Onshore Gulf Coast Production produced 63,047 barrels of oil equivalent (524 MMcf gas,10,688 barrels oil-condensate) for the quarter delivering $3.9m oil and gas revenue and 66% gross margin; exploration drilling will re-commence from December 2009 - three to four wells to be drilled by the Eaglewood Joint Venture by June 2010; and a drill rig is being secured and statutory approvals to drill are being sought for a three hole program to test the CSG potential of the Southern Cooper Project, in Australia, commencing January 2010.

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