Strike Energy Limited (AU:STX) has released an update.
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Triangle Energy Global Ltd, in partnership with Strike Energy Ltd and Echelon Resources Ltd, has obtained environmental approval to drill the Becos-1 well, targeting an estimated 5 million barrels of oil in the Bookara and Arranoo reservoirs. The drilling plans are advancing as rig tenders are evaluated, setting the stage for significant exploration activities under the EP 437 permit title.
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