STX 2.78% 17.5¢ strike energy limited

Ann: Talon acquisition update, page-42

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    MIN today confirmed Lockyer-3 as a discovery well:

    Lockyer 3: Net pay 13m, 12% porosity

    With SE-1 we had 14m net pay, 13.2% porosity and very high formation pressure (6,800 psi)...

    SE-2 location is updip to SE1 - looking forward to drilling results...

    Drlling of the intermediate section should resume during this week and then it will take about 6-7 days to reach the Kockatea shale where I would expect the next casing point. Then another about 6 days for casing until the drilling of the Wagina and the Kingia will commence (likely in the week starting on 11th Sept...).

    An official drilling update would be nice...









 
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