STX 1.06% 23.8¢ strike energy limited

Ann: Greater Erregulla Update, page-81

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  1. 839 Posts.
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    Plenty of doubters too over the NWS initially. All deep wells in PB successful so far. I'd say it's not unreasonable to be a little optimistic at this stage. This will grow too just like the NWS but with a fraction of the Capex to develop. Beach and Mitsui know what they have but really do not need to prove anything else up at this point. Strike do and will quickly move on all fronts to fend off TO. I think WGO will end up with at least 1 TCF of their very own, STX wants more and that has always been the difference. One is looking for a takeovers and one is looking to be taken over for a director pay day.

 
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