STX 0.00% 21.5¢ strike energy limited

Ann: Trading Halt, page-228

  1. 6,346 Posts.
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    if there is no flare on fire watch, then l have to be honest and confess to being worried about "this" production test - itself.

    Clearly, the outcome from drilling SE3 (months ago, looking at the previous results) was positive, but "maybe" there is now a problem. At its very worst, it will probably require a re-entry and re-completion. I think it will be a setback but not a catastrophic and permanent loss of reserves.

    That's my best, totally uninformed opinion. Hopefully l am totally wrong.

    HC
    (57 yrs old)
 
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