If the commerciality of a well depends on govt policy, then it's not worth being looked at. I do recall the cancellation of SWE1 drill being discussed at one of the webminar. I will try and find it but I certainly do not recall SN being optimistic about it. Also if it was THAT prospective, they would have chosen to drill SWE1 over ED1. I'd assume SWE1 Kingia will be much shallower than ED1 thus cheaper to drill too.
I'm guessing you will now tell me there is a conspiracy theory that STX is intentionally withholding information from the market to stop predators from knowing just how prospective EP469 really is
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STX Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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