STX 12.0% 28.0¢ strike energy limited

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

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    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.



 
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