STX 5.56% 17.0¢ strike energy limited

Ann: West Erregulla Update, page-19

  1. 59 Posts.
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    Of course the upside interpretation of today's announcement is that the reason the Carynginis is overpressured is that it's acting for a seal for a massive gas column below in the Irwin River and Kingia. Maybe the drillers hadn't quite factored in an upside gas column in their mud calculations.

    If so, this would be very good news if they can control it.
 
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