STX 5.26% 20.0¢ strike energy limited

Ann: Successful appraisal of Walyering gas field, page-48

  1. 1,834 Posts.
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    David Casey from Talon said in his comment re Walyering drilling results:

    "On the back of this result our exploration efforts will now shift to other larger leads identified in EP447 [...]"

    Here the map of the current Jurassic prospects (Ocean Hill) and leads identified within Strikes new (second) gas play:

    https://hotcopper.com.au/data/attachments/3872/3872575-0f1e1368a276e3b65066552406b29f94.jpg

    David Casey likely had the large Lead H, Lead B and Coomalo East within EP 447 in mind, I would guess.

    I think, Strike will propose a revised exploration plan for EP447 to Talon after the success with Walyering to mature these leads to drillable prospects based on new (to acquire) 2D and 3D seismic data. Walyering opened a strong new opportunity for Strike to create much more value with low cost to market gas from their extensive Jurassic acreage...

    And who knows what new seismic data and modern data models bring to light for Strike...
    It's a big new opportunity to grow the company further...


 
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