No because I didn't have access to the data earlier so it doesn't matter how accurate it was!
What I'm saying is that when they put the wells online and got gas at a pressure drawdown suggesting 90% saturation, I thought there must have been a problem with either the desorption data collection or with STX's interpretation of it.
But the Patchawarra data looks okay to me, nice straight lines in the desorption trend that you use to calculate the amount of lost gas. So it seems there is another issue. But we have two different sources telling us two different things, the desorb and the production test. Of those two the production test is more definitive. It's faintly possible the desorb data is correct and something odd has happened in the production test, but it's pretty hard to see how they could get enough gas to flare from such little pressure drawdown if the saturation really was only ~40%.
- Forums
- ASX - By Stock
- STX
- Ann: June 2016 Quarterly & Appendix 5B-STX.AX
Ann: June 2016 Quarterly & Appendix 5B-STX.AX, page-133
Featured News
Add STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $644.7M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 22.0¢ | $501.0K | 2.230M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 2046366 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 318000 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 2046366 | 0.220 |
18 | 775262 | 0.215 |
21 | 1163214 | 0.210 |
15 | 896139 | 0.205 |
31 | 766083 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 318000 | 5 |
0.230 | 5678801 | 21 |
0.235 | 2397670 | 30 |
0.240 | 2904266 | 20 |
0.245 | 2500130 | 21 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online