This is normal practise for small-cap explorers while they run wireline logs over the Wagina - drilling crews in the Perth Basin have lots of friends in town and sometimes 'accidentally' let slip what they see at work ! . Let's not forget the main prize at West Erregulla is the Kingia/HighCliff section. No one should be surprised by finding gas in the Wagina as the well is only 1 km or so from the original West Erregulla-1 discovery on the same structure. The amount of gas may be interesting though, at WE-1 the Wagina was tight and it sounds like STX got caught off-guard by the pressure - either poor drilling practise or a genuine surprise - I guess we'll know in a few days.
Lots to be excited about here but hold your breath until they reach TD.
Ann: Trading Halt, page-23
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