STX 6.67% 21.0¢ strike energy limited

Ann: Appendix 5B & September Quarterly Report, page-2

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  1. 5,348 Posts.
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    DW
    "The Company has now reached a critical stage in the evaluation of the SCBGP. Having confirmed the presence of a highly productive, self-sourcing hydrocarbon reservoir system across extensive areas of the Southern Cooper Basin, the next key step is to understand the productive potential of the play. Establishing gas flows to surface will immediately position the project as one of the few new gas resources with the potential to supply gas at scale to the Eastern Australian gas markets within the next few years. Building on the work we have completed to date, I am very confident the Company’s forward program will achieve this technical objective within the next two quarters"
 
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