STX 4.65% 22.5¢ strike energy limited

That's 10m net pay out of a total 69m pay zone. So they've...

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  1. 484 Posts.
    lightbulb Created with Sketch. 157
    That's 10m net pay out of a total 69m pay zone. So they've chosen to perforate across the best 23m available within the constraints of the geology and operational capacity of the wireline unit.

    Overall the B zone has low porosity, and low net pay compared to the other targets, so they've likely just chosen the best 3-4 "chunks" of the strata to produce from.
    https://hotcopper.com.au/data/attachments/4260/4260708-6e00be6358fa6275e6ad0dd979a9e5b0.jpg
    https://cdn-api.markitdigital.com/apiman-gateway/CommSec/commsec-node-api/1.0/event/document/1410-02503496-7Q93MQ7TVPSGG44V28C1KO24B0/pdf?access_token=0007IrKowAniWZUKlDPfjX9dl88w
 
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Last
22.5¢
Change
0.010(4.65%)
Mkt cap ! $644.7M
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22.0¢ 23.0¢ 22.0¢ $1.056M 4.706M

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