STX 0.00% 18.0¢ strike energy limited

Ann: Quarterly Cash Flow to 30 June 2011 , page-10

  1. 12,937 Posts.
    lightbulb Created with Sketch. 1858
    Yes the eagle ford will be a big driver of the SP on what they discover payback is good with lower costs to drill but flow rates do fall much quicker than the convential pays...willbe very interesting to see how it all goes for STX as they do have a high cash burn planned for the next qtr low success will hammer the SP
 
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