STX 2.22% 23.0¢ strike energy limited

pure spec

  1. 6,344 Posts.
    lightbulb Created with Sketch. 773
    Hi

    Who agrees with my thinking?

    STX Mgt would only sell Ray & Mesq production if the following were true, or near too truth.

    1. Deerslayer will be commercial - and hence the opportunity to rapidly replace lost reserves and cashflow.
    2. Baniyas is close, and will be drilled 2011 - we now have the cash to do so.
    3. Until proven wrong through aggressive exploration, STX Mgt see Cooper CSG as the company maker project.

    Sorry if I am rehashing old info or stating the obvious......

    HC
 
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