STX 8.82% 18.5¢ strike energy limited

Ann: Staggering Kingia Gas Discovery, page-106

  1. Ya
    6,809 Posts.
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    They'll get a good idea of this interval once they drill to TD & then finish running Wireline logs, collect representative gas samples etc via their MDT tool. Basically MDT fluid sampling will give them an idea of the mobility, gas drawdown & pressure regime. After which, they'll have to run a liner before perforating it for flowtest.

    They still have apprx 305m to drill to the prognosed TD of 5200m so plenty of time b4 flow-testing.

    Bit Basher Shale should provide a good seal for the High Cliff SST. Only unknown is whether the deeper sands r gas bearing or not, at this stage. Drill Safe.
 
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