STX 3.95% 18.3¢ strike energy limited

Apart from being Strike's fault :rolleyes: it will probably...

  1. 8,930 Posts.
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    Apart from being Strike's fault it will probably delay SE until early next year. By the time Walyering is drilled and completed, and assuming it takes a week or so longer there as well, then remobilisation of the rig would be in December. Probably no point in starting for a week then taking X-mas new year off, so better to have early hols, start fresh in early January.

    It will be a big early next year, can hardly wait the way the gas price is going overseas. Those high prices will eventually effect here.

    Gas being a FF is off the agenda for many investment organisations, so investment in the industry has been light for years world wide. Even the procrastinations over Scarborough are evidence of this. Browse with high CO2 being canned was another example.

    The only possible result is higher gas prices in the future. Just think what we will be worth with success in SE and if Scarborough was also shelved..
 
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