Hancock Prospecting and Strike Energy reach a deal to process gas from Strike’s West Erregulla field through Hancock’s Belisama gas processing facility. The arrangement sets a path forward for the West Erregulla gas, which is located in Western Australia’s Mid West region.
The outlets describe Hancock’s Belisama project as a large-scale development with a stated value in the hundreds of millions to more than $1 billion, involving multiple gas fields. One report says the Belisama facility is valued at $850 million, while another says the overall Belisama project is $1.5 billion-plus and draws gas from three fields. Strike’s agreement relates to processing its 50 per cent share of production from West Erregulla, with Hancock handling the processing at Belisama.
While the sources focus on the same commercial outcome, they differ mainly in the reported project valuation and how they frame the agreement’s scope—one highlighting the $850 million facility figure and the other emphasizing the broader $1.5 billion-plus Belisama project context.
