STX 1.43% 17.3¢ strike energy limited

Ann: South Erregulla Update, page-7

  1. 8,519 Posts.
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    Will be interesting to see what @gimo211 and @alexei ii have to say?

    From the original announcement, they are only testing the higher quality sandstone?
    Also, given lower porisities/permabilities of the wagina, these rocks were never going to match the Kingia?
    But might flow slower for longer?
    Sorry, these are genuine questions.

    But gee, aren't we getting spoilt. This is all cream and by my reckoning at $6 GJ spot gas prices in WA, this is equivalent to around $60,000/day or $21 million per annum.

    From the discovery announcement
    https://hotcopper.com.au/data/attachments/4728/4728216-0ae4ddd1693e98ee9d4becd23b64b0f6.jpg
 
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