STX 12.0% 28.0¢ strike energy limited

I find it intriguing that after 300m of drilling and only...

  1. 146 Posts.
    lightbulb Created with Sketch. 16
    I find it intriguing that after 300m of drilling and only halfway through a reservoir, this was determined to be a good point to pull out and run wireline logs over half a reservoir. Why not drill out this reservoir section and then run logs prior to drilling on to primary target?

    My guess is either something happened to the BHA that required a manual alteration (I don't think a bit dulls after 300m) or they saw something on LWD or at the shakers they they want a closer look at ASAP.

 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
28.0¢
Change
0.030(12.0%)
Mkt cap ! $801.0M
Open High Low Value Volume
24.5¢ 28.3¢ 24.5¢ $7.221M 26.82M

Buyers (Bids)

No. Vol. Price($)
5 293004 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 820079 16
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.