STX 4.44% 23.5¢ strike energy limited

Charts, page-33

  1. 5,348 Posts.
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    From the April 2019 Quarterly,

    "Seal: overlying tight gas silts of the Irwin River Coal Measurers in Waitsia are either trapping or sealing. No shale is consistently seen or required from AWE’s analysis. A definitive seismic soft loop seen on the WE seismic above the Kingia is suggestive of shale facies that would act as a seal"


    from yesterday's announcement

    " The latest cuttings over the shakers reflect a sandy shale and this lithology is interpreted as the transition from the deltaic to marine section of the Irwin River, prognosed to be encountered just prior to the Kingia formation."

    They are in the shale facies........just above the Kingia.
    Drilling imminent

    and very accurate modelling !
 
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