HAve a read of their official announcement and Power Point presentation in the PDF file in the announcement. They are truly spread out across the USA and Australia and they are moving along at a right quick pace at it.
The odds are much better than HDR and their 20 wells off shore. And HDR is 7 times the price! Income will follow immediately in March for STX if the reading is positive.
The surrounding producing gas wells in Texas are so very close to theirs there seems to no doubt that they will begin production soon. Check out the drawings in the Power Point presentation in the announcement today.
I will buy a bit more stock tomorrow morning as many others will.
Good luck to all who hold or are about to hold.
Cheers
Ken
read all about it!!!, page-3
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