STX strike energy limited

Ann: Erregulla Deep-1 Update, page-55

  1. 618
    3,586 Posts.
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    Did they even bother to run logs over Wagina at SE2/3? I don't think they did. I recall SE3 hit quite a large gas pocket in the Beekeeper that had to be flared off for a while. Anyway, am still stumped over how they never managed to get those 2 to flow.

    Agree with EmmaChizzit. Good early promising signs and COS definitely improved from pre-drill, but proof remains in the pudding (or reservoir). Let's not celebrate too prematurely. Best of all is the market (and Marky Mark) has priced in nothing for this. So a success should, in theory, see this thing rerate like mad.... but in the current alternate reality, we will probably see Marky Mark dismiss any find until it is flow tested, and NSAI reserve is updated, and our share price rises a bit but remain suppressed till Sept 20th when the index funds buggers off back to Wall Street never to be seen on our register again

    618
 
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