STX 0.00% 18.5¢ strike energy limited

Ann: South Erregulla Update, page-4

  1. 8,669 Posts.
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    Yes, very exciting to think we will be selling gas from SE before the end of next year!!! At >$8GJ!!!
    I'm not sure where this leaves Haber. Maybe that can will be kicked down the road until after we are generating income from SE and can potentially finance it ourselves.
    Also, I wonder if the entry of Gina into the sector, plus Min's desperation to secure control of their bit of the basin, has changed the Board's assessment of the likelihood of chances to the export rules. If so, it makes sense to become a very large domestic gas producer ASAP, as it will maximise their chances of getting the next export license offered by the government. (Alternatively, McGowan can't offer one to Gina/CE without offering one to STX).
 
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