STX 2.17% 22.5¢ strike energy limited

Ann: June 2016 Quarterly & Appendix 5B-STX.AX, page-179

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  1. 1,073 Posts.
    lightbulb Created with Sketch. 43
    they reported earlier that increments of 15 to 20 bwpd above the 450 bwpd threshold rate generated significant gas flow rates

    15 bwpd is a 3.33% increase above the then k3 threshold rate of 450bwpd.

    the new threshold rate is 750 bwpd which is a 66.66% increase above the initial k3 threshold rate so expect imho to read a gushing rate from a much larger resource when announcement comes through.

    adl
 
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