STX 12.0% 28.0¢ strike energy limited

Ann: Significant Upgrade of Kingia Gas Discovery, page-186

  1. 8 Posts.
    lightbulb Created with Sketch. 13
    It's almost guaranteed that the rate to be seen from the flow test will be lower than Waitsia-4 (~90mmcfd) due to restriction in tubing size selection in a 5.5" cased hole.

    If they can squeeze in a 4" tubing WE-2 could deliver between 70-75 mmcfd. 3.5" would only deliver about 50-55 mmcfd. Happy to be wrong, but once again very unlikely to be higher than Waitsia-4.

    WE-3 can set the record maybe. Need a 7" hole and 5.5" tubing to have a crack at 150+ mmcfd.

    GLTA. DYOR.

    https://hotcopper.com.au/data/attachments/1722/1722124-3d38f1b4403a229f40922ef157797a8c.jpg


    Last edited by oandg: 11/09/19
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
28.0¢
Change
0.030(12.0%)
Mkt cap ! $801.0M
Open High Low Value Volume
24.5¢ 28.3¢ 24.5¢ $7.221M 26.82M

Buyers (Bids)

No. Vol. Price($)
5 293004 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 820079 16
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.