before this catastrophe South Erregulla was going to be a 40TJpd stand alone gas production field - probably 6 wells - to even out long term production and guarantee supply through maintenance and breakdowns etc. That is, it was going to be BIG!
Big reserves mean big GSA's, means a financial path to production, the capacity to borrow against those reserves is critical....
It was never planned to be a small affair - reserves were the linchpin to the dream! Thus they tried to prove up a wider gas struture via SE2&3 beyond SE1.
Proven reserves are critical!!!
before this catastrophe South Erregulla was going to be a 40TJpd...
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $629.6M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.3¢ | 22.0¢ | $1.238M | 5.531M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 327178 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 318446 | 8 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
22.0¢ |
Change
-0.010 ( 3.80 %) |
||||
| Open | High | Low | Volume | ||
| 22.5¢ | 23.3¢ | 22.0¢ | 3834406 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| STX (ASX) Chart |