STX 2.17% 22.5¢ strike energy limited

Ann: West Erregulla-3 Confirmed as Major Producer, page-8

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  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    Good to see that the Testing went well, esp with the Pressure buildup/recharge after shut-in & re-opening the choke.

    IMO someone needs to acquire latest 3Dseis north of this well to better understand where the gas recharge is coming from into this Trough.
    This will help in avoiding any uncertainties & mayb unlock any unswept areas to the North. Surely Kingia doesn't just end abruptly in Strike's permit boundary. Some WA Mines Dept Geospatial Analyst made this Permit boundary, not the Tectonic forces millions of Years ago.

    Question is how far does it extend & what's the Reservoir quality (same/ better/ tighter sands/ water wet etc etc) ??

    Interesting problem to have. Seen this happen offshore Browse basin at Woodside's Torosa field where the Reservoir was shallower & then continued into faulted blocks with a deeper extension to the NE onto Conoco's Poseidon & STO's Crown discoveries (now held by STO after their Conoco asset acquisition). Anyways, let the JV figure it out.
 
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