STX 0.00% 21.0¢ strike energy limited

Using the Strategy update announcement on the 1/6/17 on page 14...

  1. 503 Posts.
    lightbulb Created with Sketch. 88

    Using the Strategy update announcement on the 1/6/17 on page 14 as a reference . The production profile shows jaws will peak at just over 6mmscf/d in 2 years from desorption.


    So some back of napkin calculations would have 6000000 scf/d ÷ 730 = 8200 scf/d 


    So 8200 scf/d avg increase in productivity is needed to get to target. Going by the recent step change two weeks ago , jaws is looking positive including the fact we haven't hit CDP which a recent poster pointed out.

    Feel free to correct my maths / hypothesis as I admit have no knowledge in the og Industry just a keen investor.



 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
21.0¢
Change
0.000(0.00%)
Mkt cap ! $600.7M
Open High Low Value Volume
21.0¢ 21.5¢ 21.0¢ $1.028M 4.884M

Buyers (Bids)

No. Vol. Price($)
46 3138906 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 1481546 14
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.