STX 7.14% 22.5¢ strike energy limited

Ann: Trading Halt, page-39

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  1. 5,348 Posts.
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    If Walyering is a success it opens the door on the 1850km2 of Jurrasic targets in their ground (at 100% ownership).

    It makes the COS on Ocean Hill jump significantly, and that has enormous implications as it is big enough to get Haber off the ground in its own right.

    The market may well be thinking Haber is totally dependent on South Erregulla. A positive outcome at Walyering has the potential to change all of that thinking with the read through to Ocean Hill.

    Ocean Hill - 2C 360 BCF and 1181 kbbls condensate (recoverable).
 
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