STX

8.82%

18.5¢ strike energy limited

Any news on shows in the Wagina for SE3?Any update on when SE2...

First 40 Last

Share
Profile

Follow
Justadabble

9,518 Posts.

3199

08/11/23

11:18

Post #: 70781644
Share

Originally posted by mir911: ↑

in red tells the story & i know the NWE refugees are going to say it was the plan to get NWE cheap but imo that's not the case
so after LD1 MIN thought FWL/GWC was 4500m SS & 100+km2 of resource & after LD2 the FWL/GWC came up to 4,007 metres
& the recourse went down to 11km2 a 90% write-down, so now LD would be lucky to have 150BCF down from 2TCF
my sources tell me LD3 is a DUD & MIN in their quarterly have said it wasn't completed for testing yet
& the kingia at NED1 was most likely above the FWL/GWC of 4007m SS so basically the top of kingia
i do agree with alexei there is most likely more gas on the the rest of their ground, especially adjoining ep469
time will tell whose on the money

12 April 20232TCF
Lockyer-2 Well Results
Perth Basin energy company Norwest Energy NL (ASX: NWE) (“Norwest”) provides the following
summary of results at the Lockyer-2 gas appraisal well.
The primary Kingia Sandstone target was encountered at 4,142 metres with very low levels of
background gas. The decision was made not to core and the well was drilled ahead to Total Depth at
4,369 metres.
While an excellent quality Kingia Sandstone reservoir was encountered, analysis of wireline data
indicates that the reservoir is water saturated. Furthermore, sampling confirms that the aquifer is at
substantially higher pressure than previously interpreted. This result impacts the resource potential of
the Lockyer Deep-1 discovery, as the anomalously high aquifer pressure indicates a much reduced gas
column. The freewater line (FWL) is now interpreted to be at a depth of approximately 4,007 metres,
with the potential resource area (above the FWL) now estimated by Norwest to be approximately 11
km2
.

Expand

Any news on shows in the Wagina for SE3?

Any update on when SE2 flow testing commences?

Last edited by Justadabble: 08/11/23

STX Price at posting: 38.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

CBA breaks trading record on strong day for Aussie financials

As Nvidia cools, we're looking to Aussie AI

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

There are more pages in this discussion • 111 more messages in this thread...

First 40 Last

Add STX (ASX) to my watchlist

(20min delay)
Last 18.5¢		Change 0.015(8.82%)		Mkt cap ! $530.0M

Open	High	Low	Value	Volume
17.0¢	18.5¢	17.0¢	$2.155M	12.01M

Buyers (Bids)

No.	Vol.	Price($)
11	851855	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	131078	7

View Market Depth

No.	Vol.	Price($)
9	593855	0.180
13	898781	0.175
34	2111342	0.170
28	2089452	0.165
39	1603646	0.160

Price($)	Vol.	No.
0.185	76078	5
0.190	1277542	11
0.195	1127755	4
0.200	894999	13
0.205	685147	7

Last trade - 16.10pm 06/09/2024 (20 minute delay)

STX (ASX) Chart

Any news on shows in the Wagina for SE3?Any update on when SE2...

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Red Mountain Mining: record gold prices, two projects, two greenstone belts

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

CBA breaks trading record on strong day for Aussie financials

As Nvidia cools, we're looking to Aussie AI

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Shekel Brainweigh investor presentation webinar – the future of retail automation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Any news on shows in the Wagina for SE3?Any update on when SE2...

Top Stories

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Red Mountain Mining: record gold prices, two projects, two greenstone belts

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

CBA breaks trading record on strong day for Aussie financials

As Nvidia cools, we're looking to Aussie AI

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Shekel Brainweigh investor presentation webinar – the future of retail automation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News