STX 2.13% 24.0¢ strike energy limited

Ann: West Erregulla Update, page-2

  1. 5,347 Posts.
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    That fault has done us some favours. The 2nd intermediate section was drilled about twice as quickly as in WE-2.
    Now for a few days of logging, then a few days of casing and cement.
    Then the real action starts.
    It looks like these formations could be a little more shallow than initially prognosed (maybe 150-200m).

    the next sections should also drill far quicker as we now encounter the dongara sands, wagina, carynginia and Irwin coals which lie above the KHC.

    All very good news.

    imo
 
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