STX 2.27% 21.5¢ strike energy limited

Ann: South Erregulla Update, page-6

  1. 2,629 Posts.
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    There are lots of wells in the PB that are commercial at this sort of rate, but when it is above a highly prolific zone it is probably a hinderance. This is an initial rate, so it may improve, but not to where the expectations where at.

    at best it is something to look at for the latter life of the project.

    at worst, it will just get cased and left to concentrate on the main game.

    no doubt it didn’t hit the lofty expectations.

    AL
 
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