OK, so it makes the STX commentary in between incompatible with the annos of planned Wagina-1 well (in the DMIRS application), the continual references to 293 Pj of 2C, and today's "news" that it may no longer be commercial. My initial point was, why is it being written off if the Wagina depth is shallower than the Kingia? Is it just because they missed the secondary target at SE2 and SE3? Or was it a charade to reference the proposed well and possible conversion of 93Pj of 2P?
Happy to hear your views but will also add this to my list for STX clarification.
Analyst Notes and Price Targets, page-42
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