STX 2.78% 18.5¢ strike energy limited

Ann: 2019 AGM Chairman's Address and Presentation, page-79

  1. 2,218 Posts.
    lightbulb Created with Sketch. 326
    LookingatthatgraphIwasjustwonderingifmaybethewellborehasnotbeencompletelycleanedout.Lookslikebeforethatspike,gaswasrangingbetween100to150mscfd.Goingbythelastcoupleofpresentationswehaven'tbeenabletogetoveraround50since.IfsoI'mwonderingwhethertheultimateflowwillbemoreconstrainedthanitotherwisewouldhavebeen(mightmakeitseemuncommercialwhenreallywithacleanboreholeitwouldhavebeen).Anycommentsfromanyonemoreknowledgeable,orifanyonecanrememberitbeingraised?
    From dec 18 announcement

    The bands of daily production continue to narrow while overall increasing as greater continuous flows are achieved. These flows are indicative of matrix desorption now occurring which is expected to propagate throughout the depressurised area of the reservoir

    https://hotcopper.com.au/data/attachments/1829/1829016-ad595f955b10b2dfac331433cb0d625b.jpg
    It could also be that we are in the Dec section of this graph currently whilst they draw down this time around.
 
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