STX 4.76% 20.0¢ strike energy limited

Ann: NZO: RIG SIGNED UP DRILL. BOOTH WELL IN L7 PERM. PERTH BAS, page-10

  1. 618
    3,189 Posts.
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    Bygones JD. All the seismic and nearology can't guarantee a success. If we can see into the future, STX wouldn't have farmed out 45% of Walyering to TPD to begin with, and TPD wouldn't have accepted the STX bid if it had known how SE2 and 3 was going to turn out.

    Given STX has opted to fund its share of the drill, I'd assume they are happy with what they have seen in the data. So let's hope for a successful drill You will see in my model that I'd previously posted, I have ascribed zero value to Booth. So any commercial discovery will be a bonus as far as I am concerned.

    618
 
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