STX 4.65% 22.5¢ strike energy limited

Ann: Strategy Update and Presentation, page-205

  1. 394 Posts.
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    I am not an O&G Guy or engineer, but understand pumps from a Medical POV. Still dealing with fluids and gas albeit a little closer to the problem. ....and a little less pressure.

    I remember talking to David at a resources conference in Zurich back in Feb 2016, specifically about the pumps conundrum. They had an "oh no" moment when the gas and water came on so strong. His frustration was they couldn't go ESP's then (get down to the source) because the bore hole was too small to drop them down.
    After that it was variations on a bad theme. Went to light on with the jet pump approach, scared they we going to totally mess up. Which essentially they have now done anyway.

    P.s never understood why they didn't go LeChiffre to start. But hey that's the past now. Come on Beam pumps - make my day.
 
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