STX 12.0% 28.0¢ strike energy limited

Ann: Wagina Gas Discovery, page-37

  1. 3,608 Posts.
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    In laymans terms it sounds to me like 74m of pay but only 2.5m has been tested/confirmed. Cant be tested on the way out as this can only be done if the primary targets are negative?. That is the full 74m of pay can only be tested by another well unless the primary's are -ve. In summary it is suggestive of a significant gas find but cannot be quantified. A teasing result.
 
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