Dongara/Wagina looks similar to WE-2. small streaks of pay that won't matter if the Kingia comes good.
The bigger worry is that they are flaring gas and shut in the well to build mud weight. This suggests they took a kick in the over-pressured Carynginia and briefly lost control of the well. Gas in the Carynginia means nothing - it's a source rock out here but Overpressure suggests it has no-where to escape to. Good in that is implies faults are sealing, bad in that it implies it's not connected to porous rock.
With ~800m to drill it's going to be very slow going and hard drilling if they are managing pressure. I hope they have LWD Pressure-while-drilling tools otherwise they could get stuck.
I wounder how the budget is going? 93 days and counting
- Forums
- ASX - By Stock
- STX
- Ann: West Erregulla Update
Ann: West Erregulla Update, page-18
-
- There are more pages in this discussion • 142 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
|
|||||
Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $543.5M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.0¢ | $1.304M | 6.723M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
55 | 2083218 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 1614036 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
55 | 2083218 | 0.190 |
22 | 1125834 | 0.185 |
21 | 1276467 | 0.180 |
15 | 816937 | 0.175 |
13 | 964283 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 1614036 | 8 |
0.200 | 1031305 | 13 |
0.205 | 765722 | 6 |
0.210 | 663486 | 10 |
0.215 | 1351086 | 16 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |