STX 7.50% 21.5¢ strike energy limited

Ann: WE4 Production Test, page-235

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,332 Posts.
    lightbulb Created with Sketch. 2530
    I'm no great petrophysicist but I think that if you were relying on the Archie equation for saturation (which you would in the case of clean rock with known parameters like regional water salinity), the presence of fresh water would affect your Archie saturation and you could miss a freshwater-bearing sand, particularly if it was in a variable sequence.

    In theory yes, you could pick a GWC from density/neutron due to the gas effect. But if your logs are already showing a fair bit of variability in terms of den/neu, and if there's a reasonable degree of mud invasion, this would be hard to spot in the absence of a clear signal from the Archie equation.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
21.5¢
Change
0.015(7.50%)
Mkt cap ! $616.0M
Open High Low Value Volume
20.0¢ 22.0¢ 20.0¢ $2.671M 12.62M

Buyers (Bids)

No. Vol. Price($)
9 1392813 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.0¢ 2345504 29
View Market Depth
Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.