STX 4.55% 21.0¢ strike energy limited

Ann: St Landry Canyon Project - Drilling Update , page-7

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  1. 4,234 Posts.
    re: Ann: St Landry Canyon Project - Drilling ... Well, it doesn't confirm it either way, but deepening the well most definitely means they are hunting some thing. My gut feel is still with 1. Nothing hit, just offcal.

    Its not a cake walk, they are drilling at 5km. An extra 500feet might cost up to around an extra $500,000... so not an easy decision if they hasn't hit any thing with both feet in the water already.

    This is not why I am in stx anyways. Cooper and EF!



    SF
 
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