The top of the Wagina formationwas encountered at 4,102m. At 19:20hrs on the 23rd of July 2019 at 4,111m, a drilling break saw the rate ofpenetration (ROP) increase to 35m/hr, coinciding with clean porous sandstone which was recovered overthe shakers. As this occurred, significant high-pressure gas began rising within the mud system with over98% C1 recorded with no fluorescence. Since this time, material gas has been coming to surface, flowingsufficiently to light the flare on the rig.The consistent gas flowing to surface has prevented further drilling operations and currently Strike has onlypenetrated 8m of the Wagina described above. These results are in line with pre-drill modelling.At this stage, Strike does not have sufficient information on pressures, permeability, flow rates or porosityto fully evaluate the interval until it runs the required wireline logs for formal evaluation of these initialresults.
sounding very positive...
- Forums
- ASX - By Stock
- STX
- Ann: West Erregulla 2 Update - Initial Wagina Gas
Ann: West Erregulla 2 Update - Initial Wagina Gas, page-2
- There are more pages in this discussion • 231 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $572.4M |
Open | High | Low | Value | Volume |
20.0¢ | 20.3¢ | 19.5¢ | $1.489M | 7.464M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 1135945 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 40340 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 1115945 | 0.195 |
28 | 1479925 | 0.190 |
17 | 728180 | 0.185 |
18 | 620637 | 0.180 |
10 | 537857 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 40340 | 1 |
0.205 | 916606 | 8 |
0.210 | 1011092 | 8 |
0.215 | 920568 | 12 |
0.220 | 1102913 | 13 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
Last
19.8¢ |
  |
Change
0.000 ( 1.99 %) |
|||
Open | High | Low | Volume | ||
19.8¢ | 20.0¢ | 19.8¢ | 3981429 | ||
Last updated 15.59pm 26/04/2024 ? |
Featured News
STX (ASX) Chart |