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Strike Energy's West Erregulla-2 well would have cost a lot more...

  1. Kiwigeo8339
    3,706 Posts.
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    15/02/24
    11:01
    Post #: 72419109
    Strike Energy's West Erregulla-2 well would have cost a lot more than $10m to drill.

    Perth basin "exploration" wells aren't frontier basin wells like IVZ is drilling...it's a totally different kettle of fish in every respect.

    Fro my perspective as a Geologist...in the Perth Basin youre drilling with at least some sort of offset well control while in a frontier basin youre nearest offset well is in a different basin.
    IVZ Price at posting: 9.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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