Ocean Hill is the prize out of the two - its an existing discovery, awaiting further definition, particularly in light of the discovery of permeability in the ... Wagina ... and Kingia. Smart move by mgt to pull it off the table, bad luck to the prospective farminee...snooze, you lose.
Waylayering, as the name suggests, i reckon not as sexy, hence the offload of 70% to PCL.
As for the rest of the ground, pretty soon, there will not be enough drill rigs in aus to satisfy STX's drillable prospect list.
Ocean Hill & Walyering Gas Discoveries, page-11
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