Even more interesting is the strike rate of the drill rig that management have contracted, the Ventia (former Easternwell) 106 which STX-WGO used to drill West Erregulla for 4/4 successful wells (although one they had to go back to and side track WE-3).
Beach have also drilled a lot of holes with it and the only one i can recall that wasn't commercial was Trigg-1 that proved to be tight. Maybe there was more??
But it must have a strike rate of somewhere near 90% with it's Perth Basin drilling into the Kingia of recent years.
Together with some good 3D seismic this is an exciting drill coming up.
Even more interesting is the strike rate of the drill rig that...
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