STX 2.50% 20.5¢ strike energy limited

Money mine mention, page-246

  1. 424 Posts.
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    Hi Red, absolutely Waylering potential is enourmos for STX as is the quickest way for more revenue, the successful opening of unproduced reservoirs at W6 and new ** at W7 should take Waylering production to our safety case that is sitting at 38/39 tj/d, SN mention that capacity can be increase as we haven't found the up limited of Waylering yet , maybe to 40 to 50tj a day, few modifications required to debotlleneck condensate due to higher production . Not surprise to see W. East(W8) and W.Wes(W9) in the cards now as we could littery double our production by Jan/Feb next year, pending APA connection to DBNGP.
    Ocean Hill next with the 3D seismic interpretation.
    I would not hold my breath for a Gov decision , but the time is ticking for the Cook Gov and something got to give.
    I do believe we are sitting in a vast amount of Gas through out the PB , and in my view SN and JP are working hard to bring value to us shareholders and get the SP back up, time in the market not time the market good luck all smile.png




 
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