"That would take probs 6 weeks, so I am thinking we're looking at mid September before K2 comes back to the same point again."
I disagree the work-over and new pump set-up would take 6 weeks....... but you may be right about the whole process, including the de-watering (again) of K2, which all together may take 6 weeks. I dont think it would have been off for that long though (maybe 4-5 days down to connect up new down hole equipment with above ground equipment that would have been being built in parrallel - perhaps).
Management appear to provide updates when they complete scheduled tasks that they have previously flagged to investors. I suspect we get an update when K2 is back in operation with the new pump set-up.
Hopefully K3 has made some ground up in the last 3 weeks too and they are back at or above previous gas flow peak levels.
As others are speculating - I don't think we see a commercial flow level just yet. But it cant be far off. This extra productivity would have delayed that a touch i think as they play catch up to new threshold de-watering levels.
I could be wrong though.
- Forums
- ASX - By Stock
- Ann: June 2016 Quarterly & Appendix 5B-STX.AX
"That would take probs 6 weeks, so I am thinking we're looking...
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $659.0M |
Open | High | Low | Value | Volume |
23.5¢ | 24.8¢ | 23.0¢ | $3.083M | 12.91M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 825367 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 303948 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 825367 | 0.230 |
13 | 815989 | 0.225 |
14 | 1186769 | 0.220 |
15 | 1825074 | 0.215 |
23 | 1068068 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 303948 | 5 |
0.240 | 970686 | 8 |
0.245 | 2071236 | 21 |
0.250 | 2157422 | 34 |
0.255 | 2277315 | 9 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |