STX 2.27% 21.5¢ strike energy limited

Ann: 1Q FY24 Quarterly Report & Appendix 5B, page-4

  1. 8,705 Posts.
    lightbulb Created with Sketch. 3346
    As we all know, it really was a transformational quarter for STX (notwithstanding the lack of share price response).
    But I couldn't really see a great deal that was new or surprising, if you've been following the recent announcements.
    Always good to see that the coffers are full, though. And filling, with Walyering now generating income.
    Two titbits that stood out to me were:

    1). They have identified two targets in EP506 from the seismic reported in the last quarterly. You wonder how they are going to drill all these prospects. It's an embarrassment of riches to some degree, with a full drilling programme already ahead.

    https://hotcopper.com.au/data/attachments/5680/5680330-9f987398aba4ab5798a2b6ca5894b8a4.jpg
    2). Erregulla Deep 1 is being drilled in Q4F24, which isn't that far away, with South West Erregulla relegated to last spot (hi Gina!)

    https://hotcopper.com.au/data/attachments/5680/5680350-6986abef9eb1a38d3eed8b270ba86337.jpg

    Last edited by invertedva: 25/10/23
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.