STX strike energy limited

Ann: Highly significant gas discoveries at Erregulla Deep-1, page-28

  1. 9,269 Posts.
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    Just to put these results in some perspective, these are the initial ED results compared to the nearest wells (WE-3 and NE1/2)

    Erregulla Deep

    No flow rates yet.

    Net pay: 28 meters

    Porosity average: 13%

    West Erregulla 3

    Distance: 9.2 km west of ED

    Peak flow rate: 90 MMcfd/day

    Net pay: 38 metres

    Porosity average: 13.8%

    North Erregulla Deep (Min resources)

    Distance: ~16 km NNW of ED

    Flowed at 79 MMscf/day
    Net pay: 33m
    Porosity: 16%

    Also worth noting, North Erregulla 2 was an oil discovery (right next door to NE1)


    I am very excited not only for what this well could produce on a standalone basic, but also for what it means for potential reserves upgrades in the rest of West Erregulla tenement (see previous posts).
 
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