Ann: H1 FY24 Results Webinar Details, page-40

3D would have made no difference as it doesn't display the difference between oil, gas and water otherwise every well drilled would be a 100% success rate using 3D which it isn't. The thing 3D is useful for is increases in Net pays to where you are drilling so would see higher flow rates using well placings based on 3D but still doesn't guarantee you won't hit water.

Where I think STX went wrong is they didn't go hard enough for WGO which they had multiple chances in the past 5 years with WGO board willing to merge at an acceptable share script, but were always selling the fact that SE was worth so much more and WGO should only worth a 1/3rd of Strike. Well looks like that gamble hasn't paid off