STX 3.19% 24.3¢ strike energy limited

Ann: Trading Halt, page-214

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  1. 3,589 Posts.
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    Just thinking about PB drilling and the problematic wells.

    * WE-5 was found to have a skin that limited the flaring,clean up and flow due to poor completion.

    * MIN's LD-1 also a victim of a completion issue with cement going down the bore and having to be milled out quite successfully though.

    * MIN's LD-2 hitting water and being abandoned well before total depth.

    * Beach's Trigg-1 finding TD with no gas shows due to it being tight.

    I'm sure we don't have a water problem so 1 of the first 2 is a possibility.



    ps; what a load of garbage on here.

    Perplexed
 
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