STX 12.0% 28.0¢ strike energy limited

new findings re rayburn

  1. 1,829 Posts.
    lightbulb Created with Sketch. 2780
    an interesting and important finding:

    Duncan #2 St1 is currently producing at a rate of 10 mmcfd but not from the CYPRESS EAGLE Field.

    Therefore STX/Cypress E&P is allready producing from two different fields/horizonts from the Middle Wilcox:


    1. CYPRESS EAGLE (WILCOX) Field
    * Duncan #1confirmed at a rate of 10 mmcfd
    * Gilbert-Freeman #1 confirmed at a rate of 3.8 mmcfd
    * Duncan #3 waiting for testing
    * Gilbert-Freeman #2 waiting for testing
    * Gilbert-Freeman #3 currently drilling (additional overlaying targets: BERNARD, W. (COOK MT. 7800) and EGYPT (COOK MTN. 8300))

    * Duncan #4 drilling planned
    * Hlavinka Gas Unit #1 drilling planned


    2. WILDCAT (as yet no field name defined)
    * Duncan #2 St1 confirmed at a rate of 10 mmcfd
    * Duncan #4 drilling planned


    The Duncan #4 well (the next well in the program) seem very interesting, because this well will test the CYPRESS EAGLE field as well as the "WILDCAT" field/horizont (where D2 is producing).

    click here for the W-1 filing for D4
    click here for the plat for D4

    ... allready we are producing from two different horizonts at the Middle Wilcox with single wells at a rate of 10 mmcfd and both targets will be tested with the next Duncan #4 well ... thats so great, unbelivable ...




 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
28.0¢
Change
0.030(12.0%)
Mkt cap ! $801.0M
Open High Low Value Volume
24.5¢ 28.3¢ 24.5¢ $7.221M 26.82M

Buyers (Bids)

No. Vol. Price($)
5 293004 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 820079 16
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.