STX 0.00% 21.0¢ strike energy limited

Hi PSI, It is an interesting comment you make about skinning. In...

  1. 5,348 Posts.
    lightbulb Created with Sketch. 2642
    Hi PSI,

    It is an interesting comment you make about skinning.
    In the latest update they went to lengths to say that the permeability hasn't been jeopardised by their pumping regime.

    "Current relationship between BHP and water production is a very good indicator that permeability has been retained throughout the reservoir and there are no adverse effects resulting from the increase in differential pressure between the well bore and reservoir"

    They even underlined it in the update.

    Can you tell me if near well bore skinning can occur and water rates remain good ?
    Water rates haven't dropped off from 650-700 BWP over recent weeks so if that is right then i cant see how skinning can be an issue here.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
21.0¢
Change
0.000(0.00%)
Mkt cap ! $601.7M
Open High Low Value Volume
21.0¢ 21.5¢ 20.5¢ $1.313M 6.260M

Buyers (Bids)

No. Vol. Price($)
11 592504 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 748432 9
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.