STX 1.25% 20.3¢ strike energy limited

Every business have their bread and butter contract ,this is STX...

  1. 400 Posts.
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    Every business have their bread and butter contract ,this is STX contract , basically 25tj/d for 11 years of guarantee payments $$$ from CSBP at a fixed price with annual escalation, and there is plenty more Gas were that 100Pj come from in WE to be sold into the export markets possibly.

    But don't worry about that ,we are now on the procedure of flow testing that High quality Gas reservoir that we discover at W7 , 21m of net pay with average of 16% porosity, STX also will be testing the additional zones of potential pay on other reservoirs observed but not sample at the time .

    W6 have been open successfully and got to love that little surprise , just need to wait for RISC update on Waylering.

    SE1 guidance due this qtr , also waiting for RISC update before proceeding to a standalone OP

    Dom Gas Parliamentary hearing next week 13 jun / Gov decision not far I would though .

    Ok but If you don't really like the stock , EOFY sales for tax purpose is a good option for you as your sentiment is Sell.smile.png




 
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