STX 9.52% 23.0¢ strike energy limited

Ann: South Erregulla Success Unlocks Project Haber, page-148

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  1. 1,836 Posts.
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    The final TvD graph for now...


    https://hotcopper.com.au/data/attachments/4151/4151169-9f7d0c181835c3923f831c41014eb640.jpg

    In the next well the Wagina will not anymore be a "secondary" target but a primary target of the drilling in addition to the Kingia and I'm pretty sure, they won't drill the intermediate well section down to the Carynginia again. Now we know, it's much better to drill the intermediate section into the Kockatea shale and to keep the opportunity to test both, the Kingia and the Wagina back-to-back (that applies for both, wireline logs & flow tests...) within one production section...

    The post drilling seismic calibration below shows, that the SE1 location might not have been the "best" location for the first well b/c the Kingia seems to be thicker and the Wagina is more updip to the west ... but, in hindsight you are always smarter...

    At least it means the first drilling result will likely be outperformed in the future and the initial resource estimate (of about 600+ BCF) is likely conservative...

    https://hotcopper.com.au/data/attachments/4151/4151188-82f2a046159b937a98e95d74c4e2b1a8.jpg

 
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