Not likely. There is an end to end process to be followed in lead generation. OH has been in the works for a while, remembering that Walyering was essentially a proof of concept for OH.
They are also unlikely to attract a farm in partner until they have done a lot of work with the seismic and firming up a drillable candidate.
Anyway, STX has already made it quite clear the next 2 years will be all about development (Walyering processing capacity increase, SE Peaker and WE) to bring those multiple sources of revenue online. Once we have those strong cashflow coming in, we can look to fund th next phase of growth.
618
Ann: Highly significant gas discoveries at Erregulla Deep-1, page-420
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Last
23.5¢ |
Change
0.010(4.44%) |
Mkt cap ! $673.3M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.5¢ | 21.5¢ | $2.556M | 11.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13000 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 1913398 | 20 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| STX (ASX) Chart |