STX 4.44% 21.5¢ strike energy limited

Ann: West Erregulla 2 Update, page-21

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  1. 5,348 Posts.
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    FeO,

    And those prospective resource numbers were before the addition of the Basal Wagina possibility (which the company has just said is a significant gas discovery). IF that is what they say it is, and the Kingia/High cliff comes in at the P10 resource expectation, then the resource size is over 1600 BCF or ~1700 PJ.

    That would be more than double the size of the Waitsia resource at the time of the transaction with Mitsui. (Granted that they had 2P on the 836PJ).

    Let's just get the drill down there and see what happens. It's too early to be calling resource sizes like that, but none the less exciting even if it proves to be a fraction of that.

    IMO
 
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