STX strike energy limited

If they were at 750 mscf it would have been announced - IMO....

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    If they were at 750 mscf it would have been announced - IMO.

    They said they would only update if they had something material. On that basis I would say they are still slowly dewatering the broader reservoir and have only seen modest gains during this process.

    I am looking for a sustained flow around 150-250 mscfd for the next update with still good water rates and a relatively high BHP.
    This will indicate that the end result is likely to be good.

    I think it is likely to be a longer process than expected as the coal seam is very thick and they are dewatering it very carefully.

    IMO
 
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