STX 0.00% 18.0¢ strike energy limited

Ann: Booth-1 result, page-172

  1. 412 Posts.
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    Storage 1400bbl, nameplate max production 33TJ/d, with 265bbl/d condensate.
    Current quarterly production rate is - https://hotcopper.com.au/threads/ann-q4-fy24-quarterly-report-appendix-5b.8113002/

    Gas - 2.3PJ ($17.7 million) = 25.6TJ per day
    Condensate - 17,000bbl ($2.2 million) = 190bbl per day

    I'm guessing that production is currently limited by pressure rating, and not sales gas quality, or liquids handling.
    Therefore we don't really know what the max fluid rate is.

    It's at least 265bbl/d (at 33TJ/d gas rate), and it will be higher at lower gas rates (like 25.6TJ/d).
    But I don't think we really know the limit. There's a good chance we already have some headroom to increase fluids production.

    We sell 100bbl of condensate for $13,000.
    100bbl/d = $4.75 million per year.
 
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