STX 9.52% 23.0¢ strike energy limited

I think you misunderstood SN's comments around this....

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  1. 618
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    I think you misunderstood SN's comments around this. @Ratbox is correct in that SN said he would keep 100% of OH as it is far cheaper to appraise and develop (shallow depths and clean pipeline spec gas) but will possibly look to farm out Permian stuff (Arrino-Kadathinni) which may be attractive to the big oilies since the potential target is quite large.

    I don't have a problem with that as I really think OH has the largest potential in terms of risk-adjusted returns and return on invested capital given the potential super high margins.

    618
 
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