Hey Gimo
Whilst it was good to see the team run it once to 33TJ on the 23rd December, personally I am happy to see them run the "2 wells at 20" and then "3 wells (incl W7) at 30". Or crank it up to 36TJ as Alternative mentioned.
Being virgin Producers there is still learning to be had I think. IMHO, I think a W7 is just as "valuable" as the WE Deep/SWE combo.
W7 (100% owned & controlled) is extra DEFENSE to prevent share price downside. Cranking only 2 wells to 33TJ and something "pops" - someone would be pouncing. Flexibility options and making money. 2 of my favourite things.
WE Deep/SWE combo (50% owned and still controlled) drives OFFENSE/one of the next waves of share price upside - tie in to the MAIN GAME of SE1234 (40-120TJ Hub) on the farm.
Sorry Dribble - couldn't give a rats about TEG bits (not controlled/diverts focus) just yet. Happy to be proven wrong.
It's 17:30PM now Spockie - Wine o'clock.....................
Ann: Walyering Production Update, page-124
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.3¢ |
Change
-0.003(1.28%) |
Mkt cap ! $550.6M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 19.0¢ | $231.8K | 1.198M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 2651920 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 858003 | 72 |
View Market Depth
| Last trade - 13.07pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
19.3¢ |
Change
-0.003 ( 0.72 %) |
||||
| Open | High | Low | Volume | ||
| 19.3¢ | 19.5¢ | 19.3¢ | 541941 | ||
| Last updated 13.27pm 07/06/2024 ? | |||||
| STX (ASX) Chart |