STX strike energy limited

Ann: Erregulla Deep-1 Flowtest Commences, page-152

  1. 5 Posts.
    When STX announced the ED discovery they told us that the CO2 in the Kingia was 3 percent. I believe the maximum in the DBNGP is 4 percent. If the Kingia gas achieves the other specs, then this is pipeline quality gas and should be priced at a premium.
    We are probably 18 months away from a ED appraisal drill campaign, but this might be enough to make the process engineers to consider other options for the WEGP , at least until ED flow tests are completed.
 
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