annc coming, page-13

Pros for STX are as follows
* Total Gross revenue now 3 Million per months
* Cash and savings of $4.5million from Florence sale
* Maintain 8.34% stake in Comet Ridge

and

"The increase in its overall interest under the Agreement provides Strike Oil with the opportunity to participate in up to 30% of a large portfolio of existing prospects and future prospects generated in the Gulf Coast in which there are up to five priority prospects that are planned for drilling in the next 18 months, primarily Wilcox Formation Prospects, with a combined potential to the order of 400 bcf of gas

The proposed drilling programme for the future prospects is in addition to the ongoing appraisal and development drilling at the Rayburn Project, which has the potential for multiple hundreds of bcf of gas."


So:
* They are estimating 400bcf (at $12mcf)from Rayburn, with more wells on the drawing board
* $11million debt facility (Plus $4.5million in savings from Florence)
* participation in one or more of 5 additional priority prospects to be drilled in the next 18 months
* Hybrid energy
* Hartleys 61c
* Screaming buy??????
anything i have missed?