STX 12.0% 28.0¢ strike energy limited

You asked: "What gas are they going to put through that? 40-50pj...

  1. 221 Posts.
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    You asked: "What gas are they going to put through that? 40-50pj of SE1 after unitisation?

    BigB, I recognise that you have stated in a separate post that you did not say unitisation is a fact (but on the face of it a strong case) and therefore we are talking hypotheticals. So, IF unitisation were applicable how do you derive at stx's share being 40-50pj? NSAI's 2P figure for SE1 was 128pj. IF the boundary between 469/503 perfectly dissected SE1 (which the maps show contrary) then wouldn't stx's share amount to at least 96pj (3/4 of 128 as stx is entitled to half of gas within 469)? In your hypothetical unitisation theory, IF wgo's recoverable share was, let's say 16pj (25% of field in 469 shared by JV) what would gina do with her share...pipe it to Min's gas plant?

    Also, does NSAI's 128pj 2P include the (unproven) gas that hypothetical lies within the SE basin abutting permit 469.

    I think you paint a very bleak scenario of a hypothetical situation.

 
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