STX 2.44% 21.0¢ strike energy limited

Ann: Good Oil 2016 - Conference Presentation-STX.AX, page-67

  1. 6,314 Posts.
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    It's really hard to comment without any recent technical updates and no word on K4 flow rates (even though mir911 gave us K3 rates which are very good).

    If everything works as DW suggested in his last updates before being replaced, it could be only a few weeks. But the current pilot setup doesn't allow a lot of leeway if things go wrong, so if something does go wrong (and plenty has so far) it could be months.

    Given the recent corporate changes, I tend to think that if it doesn't happen in the next few weeks we may see a corporate deal to farm down the acreage. Or at least, they'll attempt to do a deal. There's isn't much appetite for exploration plays at the moment.
 
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