STX 0.00% 23.5¢ strike energy limited

Ann: Southern Cooper Basin Gas Project Update, page-7

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  1. 6,377 Posts.
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    some were earlier suggesting that getting Klebb1 back to pumping was going to take weeks or months, not days, as clearly turned out to be the case! Perhaps that is the point of this vid, to allay market fears that STX had a longer term problem at Klebb1!

    Full marks to the professionalism of the team at STX! They got a work over rig and replacement equipment to the Cooper in days (not weeks) and now the program is back on track! IMHO this backs up the credentials of STX as operator of PEL96! Maybe BPT should seriously think about giving STX the same gig at PEL94 in order to progress that resource - they could sure do with a boost!

    Despite all the pressures STX continue to conservatively manage the progress of the Cooper. Slow & steady wins the race!

    HC
 
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