STX 2.13% 24.0¢ strike energy limited

Ann: South Erregulla Update, page-5

  1. 618
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    I was wondering whether they had hit GWC as SE3 was downdip of SE1 (unexpectedly), hence my question about TVDss last night. I suspect they will need to drill a ST with a shortened depth to avoid hitting into the aquifer. First, they need to determine the exact GWC depth, which will be good to know in terms of assessing the reserves. Nothing terminal

    618
 
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