STX 0.00% 21.0¢ strike energy limited

Ann: Strike Grants West Erregulla Gas Offtake Option, page-56

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  1. 64 Posts.
    lightbulb Created with Sketch. 7
    "The option is conditional on a successful result at the West Erregulla- 2 well (WE-2) and Strike takingFID on a commercial project."
    What does this really mean? Can Strike take the Final Investment Decision in a 50:50 jnt venture?
 
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