I think we have predicted STO for a while as the suitor Mith...
It all make sense...and Smith did say at the AGM- there would be 'collaboration with Proteus / Crown and we discussed this at the time of the find... they intercept.
The press is just reporting known knowns.
Anyway - puts a little more value on the Proteus discovery considering our find was in the Montara and Plover formations 4920 -5250 mRT -0ver the entire open hole section?
So Crown had 61 metres of Plover and they are crowing.... we found 330 metres over 2 sections and had to test ( due to the sidetrack both sections at once so couldn't formally announce metres of Plover and Montara - or it we could we didn't?
So here again we have 330 metres of open hole over 2 formations formations - you'd have to think we got at least the equivalent (61 metres) of Montara in the 330 metres of open hole.... how much was net sands? So again for STO it is is big news and commercial and talk of collaboration and taking Gas to locations ?
For KAR our SP went up 8c?
Go flipping fuigure
KAR Price at posting:
$4.11 Sentiment: None Disclosure: Held
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