STX 6.38% 25.0¢ strike energy limited

Ann: Walyering 3D Seismic Campaign Complete, page-12

  1. 1,832 Posts.
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    Any good news is great Khop! Helps the sp

    Also:
    - The play is under appreciated that whole area south of the fairway.
    - Where there is some condensate, there's probably more around the area, seismic will help strategise where to next
    - Cheap to get out with pipes on the lot, unlike WE which doesn't have a pipe.
    - More prospective gas around the area, seismic will help strategise where to next
    - Most important off all, it decreases risk when doing a CAPEX on exploration and appraisal later on.

    Also this will start to make it/drill it clearer to those who value WGO more than STX as to why STX has a higher market cap.
    Last edited by DanglingPointer: 06/12/19
 
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