STX 4.35% 22.0¢ strike energy limited

Ann: Greater Erregulla Update, page-17

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  1. 59 Posts.
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    I'm reading the releases correctly. Today's release implies they know the GWC but they have not intersected one at WE (or anywhere else in the Kingia play for that matter).

    What they have is an interpreted GWC based on some gas gradients and a water gradient (taken from where??). What is the inferred GWC at WE and how much deeper is this than the saddle between WE and SE? I just think they need to explain that these statements are based on an inferred or interpreted GWC which may have considerable uncertainty given the lack of any intersection in the basin.
 
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