STX 5.26% 20.0¢ strike energy limited

Minres speculation, page-42

  1. 1,272 Posts.
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    JD, I knew that I was not going around the twist. Read

    https://www.petrodip.com/wp-content/uploads/2020/06/MGL-EP494-Perth-Basin_June_2020.pdf noting that what is now known as the Condor prospect was previously called the Muchea prospect.

    In particular you will see

    Exploration To‐Date:
    • 2 lines of 2‐D seismic shot by MGL in 2019,
    totalling 36 km, provided valuable data and
    insights to the East Flank of the Dandaragan
    Trough.
    • Magnetic data analysed to map strata depths
    identifying potential for structural
    hydrocarbon traps.
    • ~1000 km in 60 lines of 1980s 2D seismic
    data reprocessed in 2016.
    • Barberton‐1 drilled in 1990 to ~3,400 m

    I expect that the STX seismic whiz kid. Tony Cortis, would have run his eye over all of this seismic data. In the world of business it is highly unlikely that you would tell your potential "takeover" how good his assets were.


 
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