Ann: West Erregulla Adds A Further Signifcant Gas Discovery, page-183

...under almost equal conditions (but probably less formation pressure) Waitsia-1 flowed 25 mmcfd from the HC sds when tested.

...hardly “tight gas”...

I think, short term punters expected another bonanza but it is just a “significant discovery”... @rexsh provided the realistic expectation for the HC and the result from logs are again at the upper range of possible outcomes...

The WE-2 is a giant field and likely in the 1.5 to 2 TCF resources category... the market will either sooner than later pick up how big and valuable this easy to develop monster actually is...

It’s definitively time to relax for STX long term holders... We have the prime ground in the Dandaragan Trough as @Michaeljob impressive post showed and will have multiple and highly de-risked opportunities to repeat this major success...

I hope for some broker report coverage in the next days to get an “independent” view of possible company values... but it is very reasonable that the STX share price will be in the multiple Dollar range in the not too far future...

We all can be excited with our STX...