STX strike energy limited

Ann: Exceptional Production Test at Erregulla Deep-1, page-23

  1. 3,289 Posts.
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    Further proof of permeability preservation in the Kingia at depth and to the east. This is massive for me.
    This has just sky-rocketed the prospectivity of the surrounding ground to the east. Including the STX 100% ground.

    The Max theoretical flow rate, equates to 1bcf every 2 or so days!!
    No water encountered.
    Depending on the confidence in reservoir structure definition, my view is the WE resource has just doubled in size.
    If this leads to a lower GWC in the western (original) Eregulla field, it will have more than doubled in size.
    Congrats to Gina for picking up a bargain from the wood ducks.
    Well done STX (pun intended).
 
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