STX 0.00% 21.5¢ strike energy limited

Ann: West Erregulla Update, page-5

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  1. 1,678 Posts.
    lightbulb Created with Sketch. 495
    A Few Early Listed Seller at 28c.
    They Don't like the abnormally over pressured gas column.
    IMO this is great news. Once the Well is Stabilized ... no need to drill further, just tap back in and straight onto production .. sucking gas out of the fault Zone below .... almost like a Vent Pipe ...
    Also brings Drilling WE--4 ... Back on Track .... Time Wise ... so as NOT to delay our future Production delivery date timeframes too.

    Might see a few panic early ... but once the news is digested .... this is exciting .... MORE Gas in the Reserve than Previously Modelled said SN ....
 
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