STX 7.50% 18.5¢ strike energy limited

Yes there is some perm there suggested by the kick. Lets see if...

  1. 262 Posts.
    lightbulb Created with Sketch. 97
    Yes there is some perm there suggested by the kick. Lets see if it can sustain a gas flow though first. Im not saying it wont, i just like to see evidence first before factoring that in. At this stage the well has not been flow tested. Its NOT simple, the photo of the influx being circulated out is not the same as proof of the ability to sustain production. Ive seen plenty of DSTs thats started out ok and then finished RTSTM (rate too small to measure) with a declining flow throughout the test.

    Id be happy if they had some wireline pressures here to record permeability. I dont understand why the hole was in good enough condition to get usable porosity data over the reported interval but not good enough to get pressure points.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
-0.015(7.50%)
Mkt cap ! $530.0M
Open High Low Value Volume
19.0¢ 19.5¢ 18.5¢ $3.622M 19.18M

Buyers (Bids)

No. Vol. Price($)
27 1678858 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 616306 3
View Market Depth
Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.