STX 4.35% 22.0¢ strike energy limited

I'll join those that think this is a pretty good Quarterly for...

  1. 119 Posts.
    lightbulb Created with Sketch. 26
    I'll join those that think this is a pretty good Quarterly for where we have found ourselves.

    I think weve found out a little more about what they are thinking for SE, sounds like there is potential for a stand alone operation here.
    Which will be far better for us than to tie in to WE.
    Will no doubt get more colour on this by end of current quarter as promised (will this mean more wells drilled at SE? )

    Walyering tracking along well, with growth potential out to 34tj/d on existing infrastructure, with W7 drill (hopefully a success very soon) and the DBNGP to come online late this year.

    WE sounds positive and with success at Erregulla Deep and we can progress to FID here. Seems JV is progressing on good terms.

    Booth drilling at L7 could definitely add something if successful, my feeling is that our share price probably has our 25% interest in this written down as $0, so any sort of discovery would be great.

    Ocean Hill 3D seismic will hopefully generate some highly prospective drilling targets down there and I sort of see a mention in this quarterly that they could be drilled later this year (below) or if not a further Walyering target. I do believe that Ocean Hill success would really cement this company in some firm footings!
    https://hotcopper.com.au/data/attachments/6119/6119493-5697bb2042261cd7c10d5c8c521d6439.jpg

    All in all a ship steadier for me, have been a bit nervous on where this is all going lately. But this report has once again given me a look at the catalysts and there time horizons and I feel somewhat bullish about our share price by the end of this year. GLTAH.
 
watchlist Created with Sketch. 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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.