STX 2.38% 20.5¢ strike energy limited

Thanks mstol appreciate the info, do you think in the addition...

  1. 422 Posts.
    lightbulb Created with Sketch. 174
    Thanks mstol appreciate the info, do you think in the addition of the 4m from the cadda, STX is reworking the A sand on W6 ?

    Following on from the successful drilling and flow testing of the Walyering-5 well, drilling of the Walyering-6 well commenced in late April 2022, with the well intersecting a number of gas accumulations in the Cadda Formation sandstones, and the deeper Cattamarra Sand. The intersection of gas in the Cadda Formation, a conventional sandstone reservoir, at ~2,683m (MD) represents a new net gas pay discovery. The intersected reservoir was observed to have a strong gas charge over a 4m net gas pay, with preliminary results obtained from drilling samples showing porosities averaging 20%, with high permeability (up to 220mD) and measured pressures of 3,827 psi.Walyering-6 also intersected 4 sandstone formations yielding ~21m of net gas pay primarily in the B and C Sands (intersected at 3,309m and 3,389m Measured Depth respectively), with the higher A Sands displaying low gas saturation, indicative of a breached the reservoir seal.


 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
20.5¢
Change
-0.005(2.38%)
Mkt cap ! $593.6M
Open High Low Value Volume
20.5¢ 21.0¢ 20.5¢ $217.7K 1.057M

Buyers (Bids)

No. Vol. Price($)
68 3427977 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 2689660 73
View Market Depth
Last trade - 12.35pm 19/07/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.