STX 5.26% 20.0¢ strike energy limited

Ann: 2020 AGM Chairman's Address and Presentation, page-80

  1. Ya
    6,809 Posts.
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    Both were non-comm wells & r 8 kms east of WE-3. E2 had the fault in the Lesueur sandstone.

    Oil at Eneabba wells came after multiple swabs. These did not flow naturally.

    - E1 swabbed 22.5bbls of 47API crude from a 7metre perforated interval.
    - E2 swabbed 58 bbls of 46API crude.

    WL logs showed the other sands were tight & non-comm. One basically wants movable HC's, unlike a 5mil bbl oil discovery in place which wont help in the current oil price environment.
 
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