What a conference. So much new info to glean from 3 of my stocks, STX, NWE and EXR.
Just thought I would add a couple of comments on a wet ChCh day . ( Perth is so beautiful )
1. STX ...... Nothing much to add that has not been discussed but when I asked Stuart Nicholls if STX was going to get to be a Multi Billion Dollar company by drilling a few more WE-2's and then selling out, the answer was no...STX was going to do it on its own.
Also there was a bit of scuttlebuck about WPL getting concerned about the amount of low cost onshore gas that was going to become available. One learned chap thought WPL would be forced to take an onshore position. Who knows but certainly West Erregulla has put the cat amongst the pidgeons. The forthcoming Beach drill could be a cracker .
NWE. .. This is now beautifully primed for an Xanadu reserves statement and " staggering' ( lol ) opportunities up in EP368 which has now become hot property ( as against some of the other minnows which were on the periphery of the STX "Fairway".)
EXR.. This could really go off and am positioned accordingly.
DYOR
Best
Tui
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