oil and gas weekly on stx, page-6

In this case Oil Gas Weekly's play is not to sell on spud but to “bbps”.

"Strike Oil this week’s “bbps” In the category of “buy before production starts” this week we like Strike Oil.
It is in the process of raising A$10 million via a rights issue. The company will use the funds for six new primarily development wells targeting the gas pay zones penetrated in the Duncan #1 well on the Rayburn Prospect. Testing of the gas shows in the first well is on track to commence in two to three weeks time. Weather and equipment availability have occasioned the delays. Looks to us like Strike is set to significantly increase the company’s gas production and thus income stream. We look to the shares to strengthen from recent lows as the drilling program gets under way in October."