STX 2.22% 23.0¢ strike energy limited

Ann: Erregulla Deep-1 Flowtest Commences, page-518

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  1. 1,038 Posts.
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    Yep Khop you are correct - but having a lovely time daydreaming anyway. The weather is going to be beautiful today - just about to have a coffee. Get to pull out a some colourful summer clothes - TBird driving tomorrow and at this point our SP is up 4.26% up. Sweet! Does it get better than that! Nope!

    So if you want serious - as @618 would say - the flowrate is not as important as the reservoir for the value of the asset. I have Andrew Farley's presentation in the back of my mind, which if we remember from that speech the bottom is not determined yet. So, let's be optimistic and add an amazing reservoir into the mix as well, with a low gas CO2 level in just for good measure.
 
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