STX 5.00% 19.0¢ strike energy limited

Ann: West Erregulla Update, page-51

  1. 43 Posts.
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    Given the careful management, mud balancing and gas pressure I suspect it will take longer than some believe before we see end results for WE3.

    It’s never definitive when drilling the partially unknown at depths of 4K to 5k metres.

    It’s just the nature of the game. I am looking forward to the end game here, not just for Strike and Warrego but for the Permian Basin and revolution, that if proven, will likely mean that the entire gas market, infrastructure and future energy pipeline will change forever.

    More than just strike and Warrego tenements at stake. Natural gas is a crucial compound in the next steps towards clean energy and the Perth Basin could be our answer.

    One thing is certain, and that is, assuming WE 3 comes in, the interest here will blow up.

    WE 4 and WE 5 will be semantics.


 
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