Ocean Hill & Walyering Gas Discoveries, page-10

Hi second,

I think STX will work in parallel on both fronts...

Farm-out and partnering of the southern exploration licenses starting with the Ocean Hill "prospect" and Walyering "lead" and explore the Kinga - High Cliff leads adjacent to WE-2...

In the "UIL Bid-update" presentation (24th October 2018) they already distinguished KHC "plays" and "leads".



I think, the "leads" are referring to the 8 already known BW/KHC structures mentioned by @mir911 a couple of weeks ago...
As far as I know Strike "mapped" these leads for the first time in the current Good Oil presentation (in yellow within EP 469, EPA 82, EPA98):



I would expect they will appraise WE-2 und explore the leads within EP469 together with WGO first.

The adjacent licenses are all under "application" probably pending native titles. Therefore, Strike will have to finalize native negotiations first before any exploration activities can be launched... But not sure, what the actual status of these licenses is...

All imho of course!!