STX 3.75% 19.3¢ strike energy limited

Ann: West Erregulla Update, page-9

  1. 262 Posts.
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    Moving from the other thread now the release is up. As bigchin says: major back-pedalling.

    What an appalling pile of gobbledygook. Did they get any wireline mobilities or not? I’m presuming not hence all the obfuscation. If they did, it should be stated - clearly. If no mobilities, then there is no D-W pay at this location. As expected: the quoted 6% “porosity” number was embarrassing that they even put it in an ASX release anywhere near the word “pay”. Unless they can flow it, the D-W should be assumed to be all tight at this location. To date, nothing should be booked to the D-W.
 
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