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21.5¢ strike energy limited

Ann: West Erregulla 2 Update, page-94

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Loic

66 Posts.

22

08/08/19

15:54

Post #: 39927780
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Originally posted by FeO(OH): ↑

.
Sound familiar?
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”The gas exploration well, Tarantula-1, commenced drilling in late May 2004. The well reached the primary target of the Wagina Formation in early June 2004. On penetration of the target, a significant increase in rate of penetration and agas peak were observed. Preparation was then made to pull out of the hole to commence coring. During this procedure the well began to flow gas to surfaceand the well was not able to be secured. All personnel were evacuated and perimeters secured.The well was brought under control in late June 2004 and operations to secure and suspend the well commenced. The Tarantula well was re-drilled in 2005and subsequently tested at over 30 TJ/d, which is believed to be a record for an onshore Australia gas well”
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Im confident in Wagina gas discovery. Now Kingia in ~600m show me those hydrocarbons
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Thanks for the memories - I was at tarantula during those two weeks - I can vouch for the volume! It was roaring out.

STX Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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