STX 0.00% 21.5¢ strike energy limited

Ann: Walyering Update, page-926

  1. 1,829 Posts.
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    Ocean Hill-1 flowed on test just 0.7mmcfd and 17 bblcd and was qualified as sub-economic in the gas price environment at that time. But a post drill engineering report found that it is highly likely that drilling techniques were a possible cause ofthe low flow rates due to formation damage...

    Strike just (on Sept 7) lodged an environment proposal for a 245 sqkm (!) 3D seismic survey over the Ocean Hill prospect. The Ocean Hill exploration program is about to start...

    https://hotcopper.com.au/data/attachments/5600/5600883-f093e36321587e17dfa8686714a9d529.jpg

 
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