STX 0.00% 21.5¢ strike energy limited

Ann: South Erregulla Update, page-40

  1. 3,091 Posts.
    lightbulb Created with Sketch. 314
    Not sure how you read this. The last mention of the six slots that I saw was

    The first three at WE, Waylering 5,South Erregulla-1 and with a follow-on appraisal well or third opportunity that is currently being worked.

    So my view is that the three slots have been used at WE, if you don't have the correct kit available for the well, then there will be clauses where you de-rig and they move on to the next customer, or your next planned drill especially with this rig being in such demand. Now Strike does have the 6th slot still available but where that may be used is up to Strike as WGO only ever signed on / were offered a 3 slot deal, which in my view have all been used - but then interesting about why they would $5mil for a re-entry - but then again they will already be funding the advance purchase of some of the gear etc.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
21.5¢
Change
0.000(0.00%)
Mkt cap ! $615.0M
Open High Low Value Volume
21.5¢ 21.8¢ 21.0¢ $1.061M 4.935M

Buyers (Bids)

No. Vol. Price($)
52 4012742 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 850429 6
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.