STX 0.00% 21.0¢ strike energy limited

Critical desorption

  1. nip
    462 Posts.
    lightbulb Created with Sketch. 100
    On 22nd March we were at 800 psi downhole pressure.
    On 15th May we were at 425 psi.
    The pressure dropped by 375 psi in 53 days, or 7 psi per day.
    Assuming they kept dropping the pressure at the same constant rate, we should currently be at 313 psi.
    Again keeping the reduction of pressure constant at 7 psi per day, we should reach critical desorption (215-225 psi) in 12-14 days.
    Let's keep dreaming and hoping for a successful outcome.
 
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