STX 2.27% 21.5¢ strike energy limited

Well flow rate depends on a number of different physical...

  1. 6,281 Posts.
    lightbulb Created with Sketch. 2478
    Well flow rate depends on a number of different physical quantities, including pressure differential, wellbore diameter, net pay and permeability (plus some others like temperature, viscosity and skin). Even if you drill two identical wells into identical pressure reservoir the net pay and perm will vary so the flow rate will vary.

    The core photo they released looks excellent but the critical factor will be how much net pay of that quality is present compared with WE2.

    I am expecting a very economic flow rate regardless. In the 10s of millions as I said.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
21.5¢
Change
-0.005(2.27%)
Mkt cap ! $615.0M
Open High Low Value Volume
21.5¢ 22.0¢ 21.3¢ $1.224M 5.655M

Buyers (Bids)

No. Vol. Price($)
3 129547 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.0¢ 386581 7
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
21.5¢
  Change
-0.005 ( 2.18 %)
Open High Low Volume
21.5¢ 22.0¢ 21.5¢ 1074546
Last updated 15.59pm 24/05/2024 ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.