STX 2.22% 23.0¢ strike energy limited

Bottom of the Barrel Valuation, page-163

  1. 1,247 Posts.
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    618, I find it interesting that you are putting the value of SE at zero. Even, in the worst case scenario of having to write of SE2 and SE3
    as gas producers, they have proved that there is gas in these two areas of SE. Getting this gas may require 3D seismic to pick highs in the Kingia in order to optimise the positions of the next drill sites. Also, Strike will now have two ready to go wells for CCS.
 
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