STX 1.35% 18.3¢ strike energy limited

Ann: 2019 AGM Chairman's Address and Presentation, page-20

  1. 5,348 Posts.
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    If they can get it to flow 200-300 MSCF/D then I think it will be worthwhile spending more money to keep the pumps going and to see where it all ends up (production curves over time).

    Otherwise they are WAY better to spend money on the PB as the economics of that are always going to be way better than the cooper project, even if gas prices are lower on the west coast. The cost of production is tiny in comparison so the margin is likely to be much more no matter what the spot gas price is.

    IMO
 
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