Here again my old picture of the combined STX & MIN acreage position in the Jurassic and Permian Fairway of the North Perth Basin…
Strike in blue and MinRes in red…
MIN positioned „Energy“ as a new strategic grow pillar for their business and after the setback with the Lockyer structure they eagerly need STX more than ever… Strike is the perfect strategic fit fort them… in particular with their deep knowledge gained over the years…
I think they want the TPD transaction will went through because of the exploration potential in EP 405…
If they can secure a strategic position in Strike > 10% share nothing would happen in a t/o process without them..
I really hope, other M&A teams are aware of this possibility and makes their homework as well…
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