STX 8.82% 18.5¢ strike energy limited

Can't use direct correlation in the depth data between WE3 and...

  1. 618
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    Can't use direct correlation in the depth data between WE3 and ED1. STX reports measured depths, not TVD. Note: MD will always be longer than TVD cos drilling is never a linear exercise. Drilling through the Carynginia Shale also isn't easy because (1) it is very hard to penetrate, thus makes for a great cap/seal (2) at WE3, it was highly over-pressurised. If that's the case here, then they will need to manage the pressure as well which will slow things down.

    Either way, shouldn't be too far away

    618
 
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