STX 9.52% 23.0¢ strike energy limited

Ann: Bell Potter Unearthed Presentation, page-65

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,985 Posts.
    lightbulb Created with Sketch. 373
    You will be under stress for awhile.

    Just read on some of AWE reports during their initial drilling of Waitsia. This is what they said in regards to quality of reservoirs.

    “Conventional good quality gas pay is defined as reservoir having greater than 11% porosity as interpreted from a combination of wireline log and core data.”

    if SE2 has an average 11%, it is possible that half of the 16 m of net pay is below 11% porosity. On these numbers, bit difficult to imagine that SE2 would bring in outstanding flow rate results.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
23.0¢
Change
0.020(9.52%)
Mkt cap ! $659.0M
Open High Low Value Volume
21.5¢ 23.0¢ 20.8¢ $2.859M 12.94M

Buyers (Bids)

No. Vol. Price($)
6 226888 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 4366669 32
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.