STX 4.35% 22.0¢ strike energy limited

“with the High cliff sand reported as tight.” Based on last...

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    “with the High cliff sand reported as tight.”

    Based on last announcement, this is likely to not be the case here I take it?...

    “Extended drilling breaks have been observed throughout the High Cliff with associated elevated mud gas readings. Cuttings from these sections include clean coarse grained quartzose sandstone with good visual porosity, likely due to protective clay coatings.”

    I am assuming they didn’t encounter these “signs” on their way down?

    In particular this for type...

    “clean coarse grained quartzose sandstone with good visual porosity”

    And this for size...

    “Extended drilling breaks”

    So we all assume at this point it’s likely productive but unaware of magnitude?

    Just trying to simplify the messages for my own O&G inexperience.
 
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