STX 2.44% 20.0¢ strike energy limited

Ann: Quarterly Activities Report & 5B, page-37

  1. 5,348 Posts.
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    ADL,
    I dont know of the rigless solution

    From the qtrly: "Commercial success will be declared when sustained gas production crosses the threshold for booking a reserve."

    I think a sustained rate of around 500 mcsf/d would be enough to generate a reserve booking, but that is a guess.

    If that spike can be maintained we may be there !
 
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