new info today - flow testing of Dav & Marsden Q1 2013 - very positive IMHO!
I thought p14 was clever marketing as it clearly sets out the CB opportunity whilst acknowledging the challenges of the deep resource - credibility to Mgt there!
"If" (and it's a big if) the engineering can produce a commercial flow from the deep coals then a lot of people in NSW & QLD are going to shite themselves big time! CSG in those states is losing its political license fast (eg shut the gate etc). If STX/BPT can make the CB coals work then every LNG producer and politician on the East Coast of Aus (with respect to commercial & enviro concerns) is going have an irresistible alternative to NSW & QLD!!
There is going be a hell of a lot hanging on the results those tests in 2013! Pray we can get flow!!!
Cheers
HC
Ann: Good Oil Conference Presentation , page-2
-
- There are more pages in this discussion • 66 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $530.0M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.5¢ | 17.0¢ | $2.155M | 12.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 851855 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 131078 | 7 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |