Strike-Hancock JV gets gas project tick

A Perth Basin gas project, jointly owned by Hancock Energy and Strike Energy, has achieved a significant milestone with the grant of a key state approval, marking an important step on the path to providing much-needed gas for the Western Australian domestic market. Acting Environment Minister Tony Buti granted environmental approval for the West Erregulla gas project's development plan. This approval is crucial as the joint venture partners aim for a final investment decision in the next quarter.

In addition to this approval, AGIG's plan for midstream infrastructure connecting the project's plant and pipeline also received the green light. Strike Energy, the project operator and 50 percent owner, described this approval as a "major de-risking event" after over three years of work. The approval comes with conditions, including revisions to the weed hygiene management plan and additional plant surveys, particularly to protect the habitat of the Carnaby’s black cockatoo.

West Erregulla plays a key role in Strike's accelerated gas development strategy for the Perth Basin region, which is endorsed by the state government amid a tight domestic supply environment.

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