Ann: STX: West Erregulla Update, page-27

If Wagina is as big as some are hoping, suddenly we will have more uncontracted gas to sell... which might make it more enticing for a potential buyer who wants the gas themselves.

Also, the more gas we can get out of a single well (i.e. Kingia/High Cliff plus Wagina), the better the economics, which is especially important given the cost of drilling these deep wells.

I think the market is sleeping on the importance of this announcement, especially for WGO.