STX 1.09% 23.3¢ strike energy limited

Ann: Successful Appraisal of South Erregulla, page-40

  1. 618
    3,154 Posts.
    lightbulb Created with Sketch. 2012
    That is a fantastic result by any measure. The net pay is much thicker than I'd expected (9-12m) given Kingia had trended to be thinner the further south we go, with similar porosity and reservoir pressure to SE1 if I recall correctly So we should expect decent flow. Even if this is a small step out from SE1, it does derisk the SW corner of the block. Look fwd to SE3.

    Don't let all the wet blankets (just because they are saturated with water theories) dampen the result or your mindset Best to put them on ignore, unless you are actually entertained by having lots of pointless arguments about misinformation

    618
 
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