STX 4.44% 23.5¢ strike energy limited

Ann: Jaws Pilot Update, page-7

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  1. 338 Posts.
    lightbulb Created with Sketch. 34
    Strike’s Managing Director, Stuart Nicholls, said:
    “The initial water rates from Jaws are very encouraging and, given that productivity continues to rise, we believe that the reservoir is demonstrating performance that supports our view of its potential. The 36m thick Vu Upper coal seam, which is isolated via impermeable siltstones, represents an extraordinary sized resource unto itself and the team are confident of the drawdown plan required to achieve the primary objective of producing commercial flow rates of gas”
    I do like the way that reads !!!!!!!!
    Onwards and upwards.
 
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