STX 0.00% 20.0¢ strike energy limited

There is currently an oversupply of gas in the local WA market....

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    There is currently an oversupply of gas in the local WA market. AFAIK, Waitsia gas is still mostly trying to find a buyer. Happy to be corrected but installed capacity there from the published well tests for the 5 wells is well over 100 mmcfd. According to the Mitsui website they are selling 10 TJ/day = ~ 10 mmcfd.
 
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