STX 2.22% 23.0¢ strike energy limited

Ann: Greater Erregulla and Walyering Update, page-59

  1. 644 Posts.
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    I understand the sentiment.

    We'd have to see the details of phase 1, but the only thing that would be certain is that WGO will get 155 PJ in phase 1 (to fulfill their GSA).

    Which means that if phase 2 does not incorporate WE; a buyer of WGO at even $300m would be paying $2 NPV / Gj. Which is rather high...

    And it doesn't matter how large the remaining 2C/2P are - they won't be able to commercialise it without STX's cooperation.
 
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