STX 2.13% 24.0¢ strike energy limited

With the constant change in priorities and therefore drilling...

  1. 618
    3,067 Posts.
    lightbulb Created with Sketch. 1814
    With the constant change in priorities and therefore drilling schedule, I just thought I would start a new thread.

    Ocean Hill appraisal was originally scheduled for 2024 but judging by the latest comms from the company, this appears to have been pushed further down the road with priorities being given to South and West Erregulla. Based on my understanding, this is the latest drilling schedule:

    Current - SE3
    Jan 24 - Flow testing of SE2 and SE3
    Q1 24 - SE Phase 1 FID and construction commencement
    Q1 24 - W7 appraisal/development well (Western flank compartment with 2C of 33PJ in A & B sands, C & D Sands may add more)
    Q2 24 (Q4 FY24) - ED-1 (139PJ 2C)
    Q4 24 (Q2 FY25) - SWE-1 (136PJ 2C)
    Q1 25 - WE FID (my guess)
    Q2 25 - SE-1 production commences
    Q2 26 - WE production commences (my guess)

    Unscheduled - Eneabba Deep, Ocean Hill, Arrino, Kadathinni

    Given OH is expected to be similar to Walyering in terms of fast development with its low purity gas and 100% owned, I would have thought it would be prioritised higher than WE which is only 50% owned.

    618

 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
24.0¢
Change
0.005(2.13%)
Mkt cap ! $686.9M
Open High Low Value Volume
23.5¢ 24.3¢ 23.0¢ $2.375M 10.01M

Buyers (Bids)

No. Vol. Price($)
7 397363 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 496987 6
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
24.0¢
  Change
0.005 ( 2.13 %)
Open High Low Volume
23.0¢ 24.0¢ 23.0¢ 4094689
Last updated 15.59pm 10/05/2024 ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.