Gas shows are certainly a positive for the exploration well in...

Gas shows are certainly a positive for the exploration well in the USA;
however, reservoir quality in this area is crucial to commerciality. This
will not be known for another 1-2 days after wireline logging
operations have been completed. At this time, a decision will be made
on whether to complete the well as a producer. It is likely to be
another 4-6 weeks before the well is flow tested into sales. We
estimate that this well could add 7-10cps for Strike if successful.
Strike will participate in up to 8 more exploration wells at its USA
acreage this year, the next of which is targeting 100 billion cubic feet
of gas and could add >30cps for the Company.
Significant activity is also approaching for the Southern Cooper coal
seam gas project and for the Cadlao acquisition, although both of
these projects have experienced slight delays.

http://www.strikeenergy.com.au/media/2010_02_17_STX_External_20100217.pdf